Business
Business, 10.09.2019 02:30, MaeWolfe

Assume a competitive firm faces a market price of $75, a cost curve of: c = 0.25q squared + 30q + 1 comma 600 and a marginal cost curve of: : mc = 0.50q + 30. the firm's profit maximizing output level is 90.00 units, the profit per unit is $4.72, and total profit is: $424.80. however, if the firm wanted to maximize the profit per unit, how much would it produce?

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Assume a competitive firm faces a market price of $75, a cost curve of: c = 0.25q squared + 30q + 1...

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