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Suppose the marginal cost of writing a contract of length L is MC ( L ) = 20 + 5 L . Find the optimal

Suppose the marginal cost of writing a contract of lengthLisMC(L) = 20 + 5L. Find the optimal contract length when the marginal benefit of writing a contract is:

a.MB(L) = 120.

b.MB(L) = 180.

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