Question: For a profit-maximizing firm with marginal-cost function MC(q) = 2q + 1, find producer surplus PS at price p0 = 10, p1 = 15 and
For a profit-maximizing firm with marginal-cost function MC(q) = 2q + 1, find producer
surplus PS at price p0 = 10, p1 = 15 and delta PS form the price change from p0 to p1!. What is
the economic implication?
(no missing graph)
thank you in advance
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