A firm operates in a perfectly competitive industry suppose
A firm operates in a perfectly competitive industry. Suppose it has a short run total cost function given by TC= 42000 +0.001Q^2 and a marginal cost given by MC=0.002Q. If the market price is 15, what is the firm's profit-maximizing quantity?
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a firm operates in a perfectly competitive industry suppose it has a short run total cost function given by tc 42000
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