How can operates in a competitive industry


A representative firm with short-run total cost given by the TC = 50 + 2q + 2q2 operates in a competitive industry where the short-run market demand and supply curves are given by the QD = 1,690 - 40P and QS = -390 + 20P. Its short-run profit-maximizing level of output is:

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Macroeconomics: How can operates in a competitive industry
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