Question
A firm's total cost function is TC: 3.6 +2Q + 0.4Q^2 Calculate the break even price (answer is 4.40, please explain how to get there)
A firm's total cost function is TC: 3.6 +2Q + 0.4Q^2
Calculate the break even price (answer is 4.40, please explain how to get there)
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
