Question
The following demand and marginal cost equations represent the demand for some service inside the firm. At what price should the service be sold? Would
The following demand and marginal cost equations represent the demand for some service inside the firm. At what price should the service be sold? Would it matter whether there was an external market for this service? The Demand function is P=30-2Q. The marginal cost function is MC=20
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Managerial Economics Markets and the Firm
Authors: William Boyes
2nd edition
618988629, 978-0618988624
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