If The Market Quantity Demanded And Quantity Supplied Functions Are Q D 242 3p

If the market quantity demanded and quantity supplied functions are:

QD = 242 – 3P

QS = 64 + 9P

and the firm’s marginal cost function is:

MC = 2 + 4q

Assuming there are no costs other than marginal cost, what will be the profits of this firm?

ROUND TO THE NEAREST CENT

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