question archive Total Costs for a firm are given by: TC=1Q2+9Q
Total Costs for a firm are given by: TC=1Q2+9Q
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Total Costs for a firm are given by: TC=1Q2+9Q. Marginal costs for that same firm are given by: MC=2×1Q+9. If this firm is operating in a perfectly competitive environments and is a price-taker, what would their total profits be it the market price was $28.49?
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