Question: Need detail Answer 34. If a competitive firm's cost function C(q) = a + bg + cq2+ dq', wherea, b, c, and d are constants,

 Need detail Answer "34. If a competitive firm's cost function C(q)

Need detail Answer

= a + bg + cq2+ dq', wherea, b, c, and d

"34. If a competitive firm's cost function C(q) = a + bg + cq2+ dq', wherea, b, c, and d are constants, what is the firm's marginal cost functions What is the firm's profit-maximizing condition? C

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