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Suppose a firm engaged in the illegal copying of DVD's has a daily short run total cost function given by:
STC = q2 + 25
A. If pirated DVD's sell for $20, how many will the firm copy each day? What will its profits be?
B. What is the firm's short run producer surplus at P=20?
C. Develop a general expression for this firm's producer surplus as a function of the price of pirated DVD's.
The problem statement is, "To improve the advertising design in order to ensure better remembrance and impact on the audiences" Advertising is an essential element in the present day organizations
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Does it behave as you expected? Did this give you new insights? If so, what were they?
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Prepare a two to three-page report that meets the stated requirements.
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