Consider a perfectly competitive market where all firms are identical and each firm 's total cost function is TC 242 128Q 2Q 2 and marginal cost function is MC 128 4Q where Q here represents the quantity produced by a representative firm When the market price is $100, the optimal output for the rep...

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Consider a perfectly competitive market where all firms are identical and each firm's total cost function is

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Consider a perfectly competitive market where all firms are identical and each firm's total cost function is TC = 242 + 128Q + 2Q²and marginal cost function is MC = 128 + 4Q where Q here represents the quantity produced by a representative firm. When the market price is $100, the optimal output for the representative firm is:

solve it correctly please. Ty-ped answer only. I will rate accordingly.

Posted Date: Jun 12, 2024 07:05 PM

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Consider a perfectly competitive market where all firms are identical and each firm's total cost function is

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