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The market for Christmas trees is perfectly competitive. Each tree costs $80. A firm in this market has a Total Cost function given by C(Q) = 65 Q+ 0.1 Q² +120, where C(Q) is total cost as a function of Q (the quantity of trees sold). Only the exact answers are accepted, please make sure of your work before submitting your answer. A Disregarding any possible shut down, how many trees will the firm sell?

The market for Christmas trees is perfectly competitive. Each tree costs $80. A firm in this market has a Total Cost function given by C(Q) = 65 Q+ 0.1 Q² +120, where C(Q) is total cost as a function of Q (the quantity of trees sold). Only the exact answers are accepted, please make sure of your work before submitting your answer. A Disregarding any possible shut down, how many trees will the firm sell?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Information for questions 14-16 The market for Christmas trees is perfectly competitive. Each tree costs $80. A firm in this market has a Total Cost function given by: C(Q)= 65 Q + 0.1 Q² +120, where C(Q) is total cost as a function of Q (the quantity of trees sold). Only the exact answers are accepted, please make sure of your work before submitting your answer. Disregarding any possible shut down, how many trees will the firm sell?
Transcribed Image Text:Information for questions 14-16 The market for Christmas trees is perfectly competitive. Each tree costs $80. A firm in this market has a Total Cost function given by: C(Q)= 65 Q + 0.1 Q² +120, where C(Q) is total cost as a function of Q (the quantity of trees sold). Only the exact answers are accepted, please make sure of your work before submitting your answer. Disregarding any possible shut down, how many trees will the firm sell?
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