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Suppose that the long-run cost function for a perfectly competitive firm in the personal computer business is O' (q) = 4q? + 2500 for q
Suppose that the long-run cost function for a perfectly competitive firm in the personal computer business is O' (q) = 4q? + 2500 for q > 0. What is the marginal cost function, MC (q)? O MC (q) = 8q + 2500 MC (q) = 4q MC (q) = 8q MC(q) = 4q + 2500 MC(9) =49
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