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Business, 08.07.2021 19:10 alexzavaleta775
Suppose that you can sell as much of a product (in integer units) as you like at $68 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC = 9q. This means that each unit costs more to produce than the previous one (e. g., the first unit costs 9*1, the second unit (by itself) costs 9*2, etc.). If fixed costs are $60, what is the optimal output level?
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Suppose that you can sell as much of a product (in integer units) as you like at $68 per unit. Your...
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