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Spacely Sprockets' Short-Run Cost Curve Is: C(q, K) =

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Spacely Sprockets' short-run cost curve is: C(q, K) = Spacely Sprockets' short-run cost curve is: C(q, K) = + 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires. Currently, Spacely hires 10 robot hours per period. The short-run marginal cost curve is: MC(q, K) = 50 . If Spacely receives $250 for every sprocket he produces, what is his profit maximizing output level? Calculate Spacely's profits.
+ 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires. Currently, Spacely hires 10 robot hours per period. The short-run marginal cost curve is: MC(q, K) = 50 Spacely Sprockets' short-run cost curve is: C(q, K) = + 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires. Currently, Spacely hires 10 robot hours per period. The short-run marginal cost curve is: MC(q, K) = 50 . If Spacely receives $250 for every sprocket he produces, what is his profit maximizing output level? Calculate Spacely's profits.
. If Spacely receives $250 for every sprocket he produces, what is his profit maximizing output level? Calculate Spacely's profits.

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