ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Suppose that Quality Widgets Limited is an efficient small firm with cost functionC(q)=q3 - 10q2+100q + 196 and suppose also that the maximum level of weekly production is L=10. Determine:(d) their breakeven point, (e) their supply set.
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