A firm has short run total costs SC 2q 3 8q 2 68q 10 so SMC 6q 2 16q 68, SAVC 2q 2 8q 68 and SAFC 10 q Calculate the shut down price for this firm

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Question: A firm has short run total costs SC = 2q 3 8q 2 + 68q + 10 so SMC = 6q 2 16q

A firm has short run total costs SC = 2q³ – 8q² + 68q + 10 so SMC = 6q² – 16q + 68, SAVC = 2q² – 8q + 68 and SAFC = 10/q. Calculate the shut-down price for this firm.

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