Question
Consider two firms in a market. The company Les pains chauds has a cost function: CPC(q)=9q+2 The company Au bon caf has a cost function:
Consider two firms in a market.
The company Les pains chauds has a cost function: CPC(q)=9q+2
The company Au bon caf has a cost function: CBC(q)=3q2+q Draw the short-term supply curve of the Au bon caf firm. Your chart should be accurate. Indicate at least two points on your curve. In the space provided, explain your approach.
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
8th Canadian Edition
134646355, 9780134842615 , 978-0134646350
