jennyx1894 jennyx1894

29-04-2024
Business

Answered

Assume a competitive market where Market price equals $70,
The typical firm faces a cost curve of: C = 0.004q³ + 30q + 750
The firm's marginal cost (MC) is: Mc = 0.12q²+30
The firm's profit maximizing output level is _____ units. (Round your response to one decimal place.)

Answer :

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