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i have 2 questions here Suppose that a rm has a Total Cost curve of: Total Costs = $3,000 + TO? Giving it Marginal Costs
i have 2 questions here
Suppose that a rm has a Total Cost curve of: Total Costs = $3,000 + TO"? Giving it Marginal Costs determined by: MC = 2*2'0 Suppose also that the market price is equal to $350. At the prot-maximizing production quantity.r for this rm, what is the Average Total Costs at this Q? Note: round your answers to 2 decimal places. Suppose that a rm has a Total Cost curve of: Total Costs. = $7,000 + 2'QA2 Giving it Marginal Costs determined by: MC = 2*2'Q If the market price is equal to $378, then what is the accounting prots that the rm is making at the prot-maximizing production quantity? Note: round your answers to 2 decimal placesStep by Step Solution
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