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(Solved): Mr. O. Carr has the cost function c(y) = y2 + 64 if his output, y, is positive and c(0) = 0. If the ...



Mr. O. Carr has the cost function c(y) = y2 + 64 if his output, y, is positive and c(0) = 0. If the price of output is 12, Mr. Carr’s profit-maximizing output is zero



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