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A profit maximizing firm has cost function C(Q)=500+10Q+20Q^2 The firm's marginal cost function is MC=10+40Q How do I find the firm's long-run supply function?
A profit maximizing firm has cost function C(Q)=500+10Q+20Q^2
The firm's marginal cost function is MC=10+40Q
How do I find the firm's long-run supply function?
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