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corie corie
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6 years ago
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.
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Microeconomics

Microeconomics


Edition: 8th
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CanihCanih
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6 years ago
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corie Author
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6 years ago
Just got PERFECT on my quiz
my life
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Yesterday
Helped a lot
gma_of_7
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2 hours ago
Good timing, thanks!
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