There are fixed costs of 50 once the optimal level of
Assume P = 65 - 2Q. The cost per additional unit (MC) is zero for the first five units, and then $5 per unit after that. There are fixed costs of $50. Once the optimal level of output is determined, how much profit does the firm make?
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assume p 65 - 2q the cost per additional unit mc is zero for the first five units and then 5 per unit after that there
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