Afirms short-run total cost is tc 10100 7700q - 100q2


A firm's short-run total cost is TC = 10,100 + 7,700Q - 100Q2 + Q3/3, and its marginal cost is MC = 7,700 - 200Q + Q2. What is the firm's shutdown price?

  • $1,100
  • $18
  • $45
  • $200

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Macroeconomics: Afirms short-run total cost is tc 10100 7700q - 100q2
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