Question: A new craft brewery has opened and has a simple variable cost function for craft beers: c(d)=d^2, where d represents the amount of beer produced.
A new craft brewery has opened and has a simple variable cost function for craft beers: c(d)=d^2, where d represents the amount of beer produced. Breweries are also required to have a license to operate, which is their only fixed cost. The current cost of a license is $9. The current price for craft beers is $12 and the market is competitive. How many beers will the brewery produce
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