If the cost function for John's Shoe Repair is C(q) = 100 + 10q - q2 +

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If the cost function for John's Shoe Repair is C(q) = 100 + 10q - q2 + 13 q3, what is the firm's marginal cost function? What is its profit-maximizing condition if the market price is p? What is its supply curve?

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Question Posted: Dec 29, 2017 12:53 AM

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If the cost function for John's Shoe Repair is C(q) = 100 + 10q - q2 +

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Marginal cost is computed by taking the derivat...View the full answer

Microeconomics Theory and Applications with Calculus

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