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A monopolistically competitive firm has the following total

A monopolistically competitive firm has the following total cost function TC = 4Q2 + 30Q + 400 If the demand function for the firm's product is
P = 600 - 30Q where Q 20

(a) Find the firm's profit maximizing level of output and its profit.

(b) What is the firm's long-run price-quantity combination?

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Microeconomics: A monopolistically competitive firm has the following total

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