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suppose Lily owns a business that sells dirt. Her marginal cost curve is given by P = 11 + 2Q, where Q is in kgs
suppose Lily owns a business that sells dirt. Her marginal cost curve is given by P = 11 + 2Q, where Q is in kgs and she has no fixed costs. At the quantity she is selling at, elasticity of supply is 9.5. How many kgs of dirt is she selling?
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