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Question: if a firm is a price taker stc 15...

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6. If a firm is a price taker, STC 15 q2+ 8a 45 SMC 30g 8 a) Find the firms fixed cost and variable cost, average total cost, and average variable cost in the short-run. b) Find the firms curve function. c) If P 15 is given, what is the optimal output level for this firm to maximize its profit? d) Does this firm have a shutdown price?
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