you are the manager of a firm that sells its product in a perfectly competitive market at a price of $60. Your firm's total cost function is C= 50 + 3Q 2 and your firm's marginal cost function is MC = 6Q. What level of profits will you make in the short-run?

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Chapter7: Perefect Competition
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you are the manager of a firm that sells its product in a perfectly competitive market at a price of $60. Your firm's total cost
function is C= 50 + 3Q 2 and your firm's marginal cost function is MC = 6Q. What level of profits will you make in the short-run?
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