okaysum8202 okaysum8202
  • 23-01-2024
  • Business
contestada

Assume that the short-term cost function of a perfectly competitive manufacturer is tc=500 - 2q + 0.001q². When the market demand function is p=$5, what is the profit under the optimal output?

A) $150
B) $200
C) $250
D) $300

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