The market for Christmas trees is perfectly competitive. Each tree costs $80. A firm in this market has a Total Cost function given by C(Q) = 65 Q+ 0.1 Q² +120, where C(Q) is total cost as a function of Q (the quantity of trees sold). Only the exact answers are accepted, please make sure of your work before submitting your answer. A Disregarding any possible shut down, how many trees will the firm sell?

The market for Christmas trees is perfectly competitive. Each tree costs $80. A firm in this market has a Total Cost function given by C(Q) = 65 Q+ 0.1 Q² +120, where C(Q) is total cost as a function of Q (the quantity of trees sold). Only the exact answers are accepted, please make sure of your work before submitting your answer. A Disregarding any possible shut down, how many trees will the firm sell?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter22: Supply: The Costs Of Doing Business

Section: Chapter Questions

Problem 14E

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