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please give solution with proper explanation Matt's rutabaga business is turning out to be very profitable! Through use of his economic knowledge and powers he

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please give solution with proper explanation

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Matt's rutabaga business is turning out to be very profitable! Through use of his economic knowledge and powers he has managed to run every other rutabaga farm out of business! (definitely didn't just burn their farms down) Now as Big Rutabaga himself, he faces an inverse demand function of P(Q) = 50000 - 100@ and a total cost function of: TC(Q) = 1000 + 25Q2 + 100Q, MC(Q) = 50Q + 100 VC(Q) = 25Q2 + 100Q. Matt should: O close his rutabaga farm immediately O continue producing in the long run and short run O continue producing in the short run but shut down in the long run O raise his prices above the perfectly competitive level O lower his output

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