You Are the Manager of a Firm That Sells Its

question 67

Multiple Choice

You are the manager of a firm that sells its product in a competitive market at a price of $60.Your firm's cost function is C = 50 + 3Q².The profit-maximizing output for your firm is:

• A) 10.
• B) 20.
• C) 30.
• D) 40.

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