Given P = 300 + 200Qs (demand equation), P = 6300 − 50Qd (supply equation), and TC = 500 + 10Q + 0.8Q2 (cost function) in a perfectly competitive market, a profit-maximizing firm will produce an output equal to ________.

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A: Answer; = $ 90 billion

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A:

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A: The correct answer is given in thes second step.

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A:

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A:

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