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Other Fields Homework Help Economics Topic started by: corie on Oct 24, 2017



Title: Homer's Boat Manufacturing cost function is: C(q) = q4 + 10,240. The marginal cost function is: ...
Post by: corie on Oct 24, 2017
Homer's Boat Manufacturing cost function is: C(q) =  q4 + 10,240.  The marginal cost function is: MC(q) =  q3.  If Homer can sell all the boats he produces for $1,200, what is his optimal output?  Calculate Homer's profit or loss.


Title: Re: Homer's Boat Manufacturing cost function is: C(q) = q4 + 10,240. The marginal cost function ...
Post by: Canih on Oct 24, 2017
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