micahpauleen748
micahpauleen748
01.11.2019 • 
Business

Consider a perfectly competitive market in which each firm's short-run total cost function is c = 36 + 12q + q2, where q is the number of units of output produced. the associated marginal cost curve is mc = 12 + 2q. in the short run each firm is willing to supply a positive amount of output at any price above $ nothing. (enter your response as a real number rounded to two decimal places.)

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