Afirm produces candles the market for candles is highly


Question: A firm produces candles. The market for candles is highly competitive, with candles Currently selling for $10. The firm's short-run total cost function is C= 200 + 0.2q2, so its Marginal cost is MC= 0.4q.

A. What is the firm's profit-maximizing quantity?

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Microeconomics: Afirm produces candles the market for candles is highly
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