Question
a perfectly competitive firm has the following cost functions: TC =1000 + Q + 0.002Q^2 MC =1 +0.004Q market price is 31 based on the
a perfectly competitive firm has the following cost functions:
TC =1000 + Q + 0.002Q^2
MC =1 +0.004Q
market price is 31 based on the profit maximization rule how much is the firm's total profit
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
