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please see attached :) please help asap if possible thanks! Assume a firm has the cost function given by c(q) + loq + 22. Answer
please see attached :) please help asap if possible thanks!
Assume a firm has the cost function given by c(q) + loq + 22. Answer the following: Write your answers to 3 decimal places. a) Find the quantity level > 0 that maximises the firm's profit, at the price level p = 21 b) Calculate the short run shutdown quantity for the firm.
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Managerial Economics
Authors: William F. Samuelson, Stephen G. Marks
8th edition
1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948
