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  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 8: The Theory of Perfect Competition
  5. Question
    Suppose That TC = 2Q<sup>3 </Sup>- 18Q<sup>2 </Sup>+ 100Q
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Suppose That TC = 2Q3 - 18Q2 + 100Q

Question 12

Question 12

Multiple Choice

Suppose that TC = 2Q3 - 18Q2 + 100Q + 50. If the market price is 32, how much output will the firm produce to maximize profit?


A) 10
B) 6
C) 8
D) 0

Correct Answer:

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