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You Are a Manager in a Perfectly Competitive Market

Question 121

Multiple Choice

You are a manager in a perfectly competitive market.The price in your market is $14.Your total cost curve is C(Q) = 10 + 4Q + 0.5Q2.What price should you charge in the short run?


A) $12
B) $14
C) $16
D) $18

Correct Answer:

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