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Problem 2 Let's revisit Rick and Morty's firms from class. Both face the same market demand curve i.e. P(Q) = 1600 - 8Q and Rick's
Problem 2 Let's revisit Rick and Morty's firms from class. Both face the same market demand curve i.e. P(Q) = 1600 - 8Q and Rick's marginal cost is still $10, but now Morty has the following cost function: C(91) = 297 + F if 91 > 0 C(91) = 0 if 91
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