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MC Qu. 058 You are a manager in a perfectly competitive marke... You are a manager in a perfectly competitive market. The price in your

MC Qu. 058 You are a manager in a perfectly competitive marke...

You are a manager in a perfectly competitive market. The price in your market is $14. Your total cost curve is C(Q) = 10 + 4Q + 0.5Q². What level of profits will you make in the short run?

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