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Question 5: The Competitive Firm's Decision Suppose your cost curve is C(q) = 2q2 + 5q + 2 a) What is the your shut-down price?

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Question 5: The Competitive Firm's Decision Suppose your cost curve is C(q) = 2q2 + 5q + 2 a) What is the your shut-down price? b) Derive your short-run supply curve (Label your axes, curve, intercept, and slope). c) Would the firm enter the in the long-run if the market price is 10

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