Consider an industry with identical firms. Suppose the cost function of firm i, i=1,...,n, is given by C₁ (9₁) = 6 q₁² + 91 At a price P=100, how many units would the individual firm supply in order to maximize its profit? (As usual, you must enter a number below, not a ratio, not an expression with symbols..., just a number. Don't round, even if rounding makes sense...)

Consider an industry with identical firms. Suppose the cost function of firm i, i=1,...,n, is given by C₁ (9₁) = 6 q₁² + 91 At a price P=100, how many units would the individual firm supply in order to maximize its profit? (As usual, you must enter a number below, not a ratio, not an expression with symbols..., just a number. Don't round, even if rounding makes sense...)

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Perefect Competition

Section: Chapter Questions

Problem 11SQP

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