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Suppose the marginal benefit of writing a contract is $60,independent of its length.Find the optimal contract length when the marginal cost ofwriting a contract of
Suppose the marginal benefit of writing a contract is $60,independent of its length.Find the optimal contract length when the marginal cost ofwriting a contract of length L is: Instruction:Enter y Suppose the marginal benefit of writing a contract is \( \$ 60 \), independent of its length. Find the optimal contract length when the marginal cost of writing a contract of length \( L \) is: Instru 2 answers
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