I the cost function for johns shoe repair is cq
If the cost function for John's Shoe Repair is C(q) = 100+10q-q^2+(1/3)q^3, what is the firm's marginal cost function? What is its profit maximizing condition if the market price is p? What is its supply curve?
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In this representation every instruction takes at most 4 steps to complete a clock cycle. Explain what happens in each step of the clock cycle.
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