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Qd=6500-100p, Qs=1200P, TC=800+(q^2/200), MC=2q/200. Find P, Q, q, profit, n in short run. Find shut down price, break even price, and how many firms will
Qd=6500-100p, Qs=1200P, TC=800+(q^2/200), MC=2q/200. Find P, Q, q, profit, n in short run. Find shut down price, break even price, and how many firms will enter in long run.
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
