Khusseinkd9193 Khusseinkd9193

05-06-2023
Business

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Let a competitive firm face a price of $9, a marginal cost is 10 + 5q, where q is output, and an average variable cost of 10+ 2.5q. Then the firm's equilibrium output is a. 5/8 b.0 C. 8/5 d. 8/2.5

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