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5. You are the manager of a firm that produces a product according to the cost function C(qi) = 160 + 58qi- 6qi2+ qi3.Determine the
5. You are the manager of a firm that produces a product according to the cost function
C(qi) = 160 + 58qi- 6qi2+ qi3.Determine the short-run supply function if:
a. You operate a perfectly competitive business.
b. You operate a monopoly.
c. You operate a monopolistically competitive business.
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