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Author Question: Suppose a firm has the following total cost function: TC = 100 + 4q2. What is the minimum price ... (Read 63 times)

cartlidgeashley

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Suppose a firm has the following total cost function: TC = 100 + 4q2. What is the minimum price necessary for the firm to earn profit? Below what price will the firm shut down in the short run?


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Marked as best answer by cartlidgeashley on Jun 18, 2019

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