Market price , Managerial Economics

 A completely competitive firm faces a market price of $10 for its output X. It owns two plants, A and B, whose total costs are

 

 

                                                TCa = 10+2x + .25X2
                                                TC =  15 +.4X + .1X2

Posted Date: 3/25/2013 6:13:53 AM | Location : United States







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