Business, 07.03.2020 00:25 ogjigglypuff

Assume that consumers view tax preparation services as undifferentiated among producers, and that there are hundreds of companies of offering tax preparation in a given market. The current market equilibrium price is S120. Joe Audit's Tax Service has a daily, short-run total cost given by C = 100+4Q^2.
Answer the following questions:
a. How many tax returns should Joe prepare cach day if his goal is to maximize profits?
b. How much will he earn in profit each day?

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Assume that consumers view tax preparation services as undifferentiated among producers, and that th...

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