If market inverse demand is pqa-bq and the firm produces
If market inverse demand is p(Q)=a-bQ and the firm produces according to TC(Q)=cQ+dQ2, determine the firm's optimal quantity, price and profit level. (Assume that a,b,c,d >0.) What conditions on b and d must hold in equilibrium?
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if market inverse demand is pqa-bq and the firm produces according to tcqcqdq2 determine the firms optimal quantity
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