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3. A price-taking firm in a perfectly competitive industry has the following total cost function: C(Q) = 3Q + Q2. (a) What are the firm's

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3. A price-taking firm in a perfectly competitive industry has the following total cost function: C(Q) = 3Q + Q2. (a) What are the firm's marginal costs, as a function of Q? (b) What is the firm's supply function, output quantity Q as a function of price P? (c) What is the firm's profit as a function of the price P, given the quantity choice from (b)

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