Question: can you please help with this question? Previous Page Next Page Page 1 of 36 Question 1 (1 point) Listen You are the owner of

can you please help with this question?

Previous Page Next Page Page 1 of 36 Question 1 (1 point) Listen You are the owner of a firm in a perfectly competitive market. The market supply and demand are given by the equations: D: P-8 - 0.1Q S: P = 0.2 + 0.05Q Your firm's marginal cost curve and total cost curve are: MC = 0.1 + 0. 2q TC - 20. 425 + 0. 19 40. 192 What is the firm's profit (positive) or loss (negative) ? -18.225 (loss) 2.2 (profit) 18.225 (profit) -2.2 (loss) Previous Page Next Page Page 1 of 36 LG

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