What is the firms supply function when the 500 fixed cost
A price-taking firm's variable cost function is VC= 2Q^3 where Q is its output per week. It has a sunk fixed cost of $500 per week. Its marginal cost is MC= 6Q^2 a. What is the firm's supply function when the $500 fixed cost is sunk?
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a price-taking firms variable cost function is vc 2q3 where q is its output per week it has a sunk fixed cost of 500
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