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Business, 17.10.2021 15:10 jsbappelp4ipbn

A firm total cost are c= 4q²,q is level of output, it can sell any number of units of output at a price 72 shillings ,however production causes damage on the industries neighbours ,the total damage TD caused depends on the industry's output i. e TD= 3Q+Q⁴,assume the company has property rights in the absence of an agreement with its neighbours. what will be its level of output??

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A firm total cost are c= 4q²,q is level of output, it can sell any number of units of output at a pr...
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