What will the firms profit-maximizing quantity be

Reference no: EM13693873

Suppose a firm in a perfectly competitive industry has a short run total cost function given by TC=1100+0.02Q^2 and a marginal cost given by MC=0.04Q. If the market price is 12, what will the firm’s profit-maximizing quantity be?

Reference no: EM13693873

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What will the firms profit-maximizing quantity be : Suppose a firm in a perfectly competitive industry has a short run total cost function given by TC=1100+0.02Q^2 and a marginal cost given by MC=0.04Q. If the market price is 12, what will the firm’s profit-maximizing quantity be?

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