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Economic interpretation of sing

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A firm in a competitive market has the following cost function C(q,beta)=q^B, where beta greater than1 Assume that the firm sells its product at a piece p find q(p, b)and the indirect profit function (p, b)what is the economic interpretation of this sing? Find Determine its sing. What is the economic interpretation of this sing? Find Determine its sing. What is the economic interpretation of this sing?

Reference no: EM131209217

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