question archive Total Costs for a firm are given by: TC=1Q2+9Q
Total Costs for a firm are given by: TC=1Q2+9Q
Subject:MarketingPrice:2.88 Bought3
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?
