Assume the equilibrium price in a perfectly competitive, Ask an Expert

Economics

assume the equilibrium price in a perfectly competitive market is $100 and within this market,a typical firms total cost curve is summarised as C(Q)=$1000+10Q+0.5Q2

Find the expected profit maximizing output?

Find the expected total revenue and profit?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M969417

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