Social Studies, 08.04.2021 01:00, saskiat1155
A firm produces a product in a competitive industry and has a total cost function​ (TC) of
TC(q) = 80 + 4q +2q^2
and a marginal cost function​ (MC) of
MC(q) = 4+4q.
At the given market price​ (P) of ​$18​, the firm is producing 3.5 units of output.
What quantity of output should the firm produce in the long​ run?
Answers: 3
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Which of these best describes the function of a "super pac"? a)create bi-partisan legislation that can become law b)organization meant to reign-in spending of political candidates during election cycles c)promote the interests of supreme court justices without breaking specific tampering laws d)raise funds through donations from corporations or individuals to support or oppose specific political candidates
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A firm produces a product in a competitive industry and has a total cost function​ (TC) of
TC(q) =...
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