A firm operating in a competitive market has the following


A firm operating in a competitive market has the following total cost function: TC = 2.5Q3- 35.5Q2+ 210.5Q + 320

Find the profit maximizing level of output of this firm if the market price of this good is $165.5. What is the firm's shutdown price?

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Microeconomics: A firm operating in a competitive market has the following
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