Suppose acme operates in the cotton textile industry and
Suppose ACME operates in the cotton textile industry and like other firms, its marginal cost curve is MC= 5 + 3Q. If the market price for cotton is $8, how much cotton will ACME produce? SHOW ALL CALCULATIONS.
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suppose acme operates in the cotton textile industry and like other firms its marginal cost curve is mc 5 3q if the
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