3 Assume that Peter's short run Total Cost Curve is TC = 20,000q– 200q² +q° . %3D At an output quantity of 50, would you recommend that Peter increase his capital? What about with an output level of 150?

3 Assume that Peter's short run Total Cost Curve is TC = 20,000q– 200q² +q° . %3D At an output quantity of 50, would you recommend that Peter increase his capital? What about with an output level of 150?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 9SQP

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Assume that Peter's short run Total Cost Curve is TC = 20,000q-200q² + q
At an output quantity of 50, would you recommend that Peter increase his
capital? What about with an output level of 150?

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