Numerical Discussion Post
A firm sells its product in a perfectly competitive market where other firms charge a price of $90 per unit. The firm's total costs are
C(Q) =50 +10Q +2Q2
o How much output should the firm produce in the short run?
o What price should the firm charge in the short run?
o What are the firm's short-run profits?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.