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Consider a perfectly competitive market in which each firm's short-run total cost function is C = 64 + 15q + q, where q is the
Consider a perfectly competitive market in which each firm's short-run total cost function is C = 64 + 15q + q", where q is the number of units of output produced. The associated marginal cost curve is MC = 15 + 2q. In the short run each firm is willing to supply a positive amount of output at any price above $ . (Enter your response as a real number rounded to two decimal places.)
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