Ssume a competitive firm faces a market price of $ 75 75, a cost curve of: c = 0.25 0.25 q squared q2 + 50 50q + 1 comma 600 1,600 and a marginal cost curve of: : mc = 0.50 0.50q + 50 50. the firm's profit maximizing output level is 50.00 50.00 units, the profit per unit is $ negative 19.50 −19.50, and total profit is: $ negative 975.00 −975.00. however, if the firm wanted to maximize the profit per unit, how much would it produce? it would produce nothing units. (round your answer to two decimal places)
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Ssume a competitive firm faces a market price of $ 75 75, a cost curve of: c = 0.25 0.25 q squared...
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