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2 Apr 2021
Assume a competitive firm faces a market price of $100, a cost curve of : C = 0.003q3 + 25q + 750, and a marginal cost curve of: MC = 0.009q2 + 25. If a specific tax of $8 per unit is implemented, what would be the new equilibrium output level?
Assume a competitive firm faces a market price of $100, a cost curve of : C = 0.003q3 + 25q + 750, and a marginal cost curve of: MC = 0.009q2 + 25. If a specific tax of $8 per unit is implemented, what would be the new equilibrium output level?
26 Mar 2023
tealshark869Lv1
2 Jun 2021
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