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Question 8 1 pts A competitive firm has a single factory with the cost function C(q) = 4q2 + 84 and produces 25 units in
Posted: Thu May 19, 2022 8:00 am
by answerhappygod
- Question 8 1 Pts A Competitive Firm Has A Single Factory With The Cost Function C Q 4q2 84 And Produces 25 Units In 1 (118.97 KiB) Viewed 57 times
Question 8 1 pts A competitive firm has a single factory with the cost function C(q) = 4q2 + 84 and produces 25 units in order to maximise profits. Although the price of output does not change, the firm decides to build a second factory with the cost function C(q) = 9q2 + 39. To maximise its profits, how many units should it produce in the second factory? (Round your answer to two decimal places, if necessary) 11.11