Determine the short-run profit-maximizing price

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Reference no: EM131108312

The manufacturer of high-quality flatbed scanners is trying to decide what price to set for its product. The costs of production and the demand for the product are assumed to be as follows:

Plot this information on a graph showing AC, AVC, MC, P and MR.

For Question b), using quantity from 1 to 20.

Determine the short-run profit-maximizing price

Plot this information on a graph showing AC, AVC, MC, P and MR. (Excel)

Reference no: EM131108312

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