A perfectly competitive firm’s short-run total cost curve is C(q)= 100q-4q 2 +0.2q 3 +450. What is the firm’s short-run supply curve? Determine also the output level over which the short-run supply...


A perfectly competitive firm’s short-run total cost curve is





        C(q)= 100q-4q2+0.2q3+450.




  1. What is the firm’s short-run supply curve? Determine also the output level over which the short-run supply curve is defined.




  1. How much output will the firm supply if price, p=75?



Jun 07, 2022
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