Question: suppose a perfectly competitive firm has the short-run cost function C=125+q2.use the derivative formula or marginal cost to determin the firm's output level and profit
suppose a perfectly competitive firm has the short-run cost function C=125+q2.use the derivative formula or marginal cost to determin the firm's output level and profit at prices of 30 and 20. at what price does the firm reach the shut down point?
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