Business, 26.11.2019 06:31 sheila101

In the perfectly competitive gadget industry there are 10 firms with identical costs given by c = 500 + 20q + q2, none of which believes it can alter price. marginal cost is given by the function mc=20 + 2q. a. find the shutdown point of one of these firms. be sure to explain what you are doing. (5 points)

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