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Suppose jumbo packs of notepads are sold in a perfectly competitive market for 60. To produce jumbo packs of notepads, an individual firm has a

Suppose jumbo packs of notepads are sold in a perfectly competitive market for 60. To produce jumbo packs of notepads, an individual firm has a cost function of C = 2 + Q2. What is the firms profit?

Multiple Choice

798

898

998

698

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