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Q. A competitive firm sells its product at a cost of $0.10 per unit. Its total cost function is:
TC = 5 - 0.5Q + 0.001Q2(a) Determine the output rate that maximizes profit or minimizes losses in the short run.(b) If input costs increase as well as cause the cost function to become:TC = 5 - 0.10Q + 0.002Q2What will the new equilibrium output rate be? Clarify what happened to the profit maximizing output rate when input costs were increased.
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DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.
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What percentage of the total variation in the number of calls is explained by the regression model.
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