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Suppose you own a car wash and that its total cost function is C = 20 + 2Q + .3Q^2 where C = total cost in dollars per hour and Q is the number of cars washsed per hour. You recieve 5 dollars for each car washed.

A. Derive the firm’s short run supply curve?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91240355

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