3 (5 points) Assume a competitive firm faces a market price of $80, a cost curve of:...

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3 (5 points) Assume a competitive firm faces a market price of $80, a cost curve of: C = 0.003q + 30q + 750, MC = 0.009q + 30. If a specific tax of $7 per unit is implemented, what would be the new equilibrium output level? and a marginal cost curve of

Posted Date: May 18, 2024 06:15 AM

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3 (5 points) Assume a competitive firm faces a market price of $80, a cost curve of:...

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