(a) Find the new marginal cost function (b) Find the new equilibrium quantities (Use fractions ) (c) Find the new equilibrium prices (d) Verify that the second order sufficient condition is met P 63 401 P 105 502 P 75 603 and that the total cost function is C 20 15Q Q so that R P1Q1 63Q1 4Q R P2Qz...

a To find the new marginalcost function we need to differentiate the totalcost function with respect ...

(a) Find the new marginal-cost function. (b) Find the new equilibrium quantities. (Use fractions.) (c) Find...

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Microeconomics

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(a) Find the new marginal-cost function. (b) Find the new equilibrium quantities. (Use fractions.) (c) Find...

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