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3) Assume that the market is perfectly competitive. If the cost function for John's Shoe Repair is C (q) = 100 + 10q q2 +

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3) Assume that the market is perfectly competitive. If the cost function for John's Shoe Repair is C (q) = 100 + 10q q2 + if, what is the rm's marginal cost function? What is its prot-maximizing condition if the market price is p? What is its short-run supply curve

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