Assume a competitive firm faces a market price of $75, a cost curve of: C = 0.64q2 + 25q + 1,600 and a marginal cost curveof:: MC = 1.28q + 25. Part 2 The firm's profit maximizing output level is 39.06 units, the profit per unit is $−15.96, and total profit is: $−623.40.
However, if the firm wanted to maximize the profit per unit, how much would it produce?
if the firm produced this output level, what would be the profit?
