Q Q = Q = = 8+ 3PA 100-PA-2Pc 4+2PB QB == - 120 2PB + Pc +PC QE = ?? Q = 80 The supply curve for good C is currently missing. Suppose there are currently 8 firms producing good C with each firm having the following short run cost function: C(ac) = 40+2(gc)²
Q Q = Q = = 8+ 3PA 100-PA-2Pc 4+2PB QB == - 120 2PB + Pc +PC QE = ?? Q = 80 The supply curve for good C is currently missing. Suppose there are currently 8 firms producing good C with each firm having the following short run cost function: C(ac) = 40+2(gc)²
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Can you show how Qsc is = 2Pc? Which is the answer for this.

Transcribed Image Text:Q
Q
=
Q
=
= 8+ 3PA
100-PA-2Pc
4+2PB
QB
==
-
120 2PB + Pc
+PC
QE
= ??
Q
= 80
The supply curve for good C is currently missing. Suppose there are currently 8 firms
producing good C with each firm having the following short run cost function:
C(ac) = 40+2(gc)²
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