![subject](/tpl/images/cats/ekonomika.png)
A competitive firm’s cost of producing q units of output is C = 20 + 4q + q2. Its corresponding marginal cost is MC = 2q + 4. a. The firm faces a market price p = $30. Create a spreadsheet with q = 0, 1, 2, . . ., 15, where the columns are q, R, C, VC, AVC, MC, and profit. Determine the profit-maximizing output for the firm and the corresponding profit. Should the firm produce this level of output or should it shut down? Explain. b. Suppose the competitive price declines to p = $12. Repeat the calculations of part a. Should the firm shut down?
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 17:30, jessikamacadlo8948
If you want to compare two different investments, what should you calculate
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 05:20, lauren21bunch
142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:30, alyssanewsome
The research of robert siegler and eric jenkins on the development of the counting-on strategy is an example of design.
Answers: 3
You know the right answer?
A competitive firm’s cost of producing q units of output is C = 20 + 4q + q2. Its corresponding marg...
Questions in other subjects:
![Konu](/tpl/images/cats/ap.png)
![Konu](/tpl/images/cats/ap.png)
![Konu](/tpl/images/cats/health.png)
![Konu](/tpl/images/cats/istoriya.png)
History, 21.11.2020 04:40
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/informatica.png)
Computers and Technology, 21.11.2020 04:40
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 21.11.2020 04:40
![Konu](/tpl/images/cats/mat.png)
Mathematics, 21.11.2020 04:40
![Konu](/tpl/images/cats/fizika.png)
Physics, 21.11.2020 04:40
![Konu](/tpl/images/cats/biologiya.png)
Biology, 21.11.2020 04:40