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A firms long-run average cost curve is estimated by the equation: LAC = 1,000 2.3Q + .005Q 2 . What is the lowest price

A firm’s long-run average cost curve is estimated by the equation: LAC = 1,000 – 2.3Q + .005Q 2 . What is the lowest price per unit sold that would prevent the firm from shutting down in the long run?

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