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A firm has a long-run cost function, C(q) q2+9. Marginal cost is MC(q)-2q. In the long run, this firm will supply a positive amount
A firm has a long-run cost function, C(q) q2+9. Marginal cost is MC(q)-2q. In the long run, this firm will supply a positive amount of output, as long as the price is greater than O $2 $6 $36 $9 $18
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Cost Accounting A Managerial Emphasis
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
6th Canadian edition
978-0132893534, 9780133389401, 132893533, 133389405, 978-0133392883
