A competitive firm's short run total cost function is given by TC=q-16q+100q+120 Calculate the profit maximizing output
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Calculate the profit maximizing output and the resulting profit when price is $30.
Calculate the profit maximizing output and the resulting profit when price is $80.
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Related Book For
Managerial Economics
ISBN: 978-1118808948
8th edition
Authors: William F. Samuelson, Stephen G. Marks
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