Question: If the cost function for John s Shoe Repair is C ( q ) = 1 0 0 + 1 0 q - q 2

If the cost function for Johns Shoe Repair is C(q)=100+10q - q2+1 q3, what is the firms
3
marginal cost function? What is its profit-maximizing
condition if the market price is p? What is its supply curve?'

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