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Suppose that a competitivefirm's marginal cost of producing output q(MC) is given by MC(q)=6+2q. Assume that the market price(P) of thefirm's product is $12. What

Suppose that a competitivefirm's marginal cost of producing output q(MC) is given by

MC(q)=6+2q.

Assume that the market price(P) of thefirm's product is $12.

What level of output(q) will the firmproduce?

The firm will produce

nothing

units of output. (Enter your response rounded to two decimal

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