Question: Imagine your firm has short-run total cost function C = 0.01q 3 - 0.5q 2 + 10q. Suppose it operates with a level of production
Imagine your firm has short-run total cost function C = 0.01q3- 0.5q2+ 10q. Suppose it operates with a level of production q = 40. What is your firm's marginal cost?
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