Question
A firm has total cost of TC(y)=y+1 and marginal cost of MC(y)=2y. How much will the firm supply at price $8?
A firm has total cost of TC(y)=y²+1 and marginal cost of MC(y)=2y. How much will the firm supply at price $8?
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
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