Question 14 You are the manager of a firm that sells its product in a competitive market at a price of $40. Your firm’s cost function is C = 60 + 4Q2, .; Its MC = 8Q. The profit-maximizing output for your firm is: 4 5 10 15

Question 14
You are the manager of a firm that sells its product in a competitive market at a price of $40. Your firm’s cost function is C = 60 + 4Q2, .; Its MC = 8Q. The profit-maximizing output for your firm is:
4
5
10
15

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