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Suppose that a rm has a Total Cost curve of: Total Costs = $9,000 + 2*QA2 Giving it Marginal Costs determined by: MC = 2*2*Q
Suppose that a rm has a Total Cost curve of: Total Costs = $9,000 + 2*QA2 Giving it Marginal Costs determined by: MC = 2*2*Q If the market price is equal to $313, then what is the accounting prots that the rm is making at the prot- maximizing production quantity? Note: round your answers to 2 decimal places. Suppose that a rm has a Total Cost curve of: Total Costs = $9,000 + TD\"? Giving it Marginal Costs determined by: MC = 2*2*Q Suppose also that the market price is equal to $326. At the prot-maximizing production quantity for this rm. what is the Average Total Costs at this Q? Note: round 1your answers to 2 decimal places
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