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Fox's Fine Furs (FFF)estimates That Its Total Cost of Production

Question 23

Multiple Choice

Fox's Fine Furs (FFF) estimates that its total cost of production is TC = 125 + 100Q + 25Q2.Furs sell for $1,100 each.To maximize profits,FFF should sell:


A) 8 furs.
B) no furs.
C) 20 furs.
D) 38 furs.
E) 22 furs.

Correct Answer:

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