Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
8th Edition
ISBN: 9781305585126
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 14, Problem 9PA

Subpart (a):

To determine

Calculate total cost.

Subpart (b):

To determine

Calculate profit.

Subpart (c):

To determine

Entry to the market.

Subpart (d):

To determine

Long run situation and entry to the market.

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