Suppose a competitive firm has the following short run cost function: 0&1) = (is - 8t:2 + 30q + 5- a. Write the expression for
Suppose a competitive firm has the following short run cost function: 0&1) = (is - 8t:2 + 30q + 5- a. Write the expression for the rm's short run supply curve. Be sure to indicate the price range for which the supply curve applies. b. What price would induce this firm to supply exactly 6 units of output
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