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19. You are the manager of a firm that produces a product according to the cost function C(qi) = 100 + 50qi- 4qi^2+ qi^3. Determine
19. You are the manager of a firm that produces a product according to the cost function C(qi) = 100 + 50qi- 4qi^2+ qi^3. Determine the short-run supply function if:
- You operate a perfectly competitive business
- You operate a monopoly
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
