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1 . A firm's total revenue and cost functions are TR = 4Q and TC = 10Q - 0.75 Q 2
i. What is the firm's marginal revenue
ii. What is the firm's marginal cost function?
iii. Determine the best level of output
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Develop the "sales pitch" you would use to convince your family and friends to invest in your business and post it for the rest of the class to view.
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