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The questions in this section refer to a competitive firm that has the cost function c(q) = q2 + 10q + 100

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The questions in this section refer to a competitive firm that has the cost function c(q) = q2 + 10q + 100.

At an output of q = 5, the firm's total variable cost is ,its average cost is and its average fixed cost is In the short run, the minimum price above which this firm would supply a positive output is In the short run if the price is p = 20, the firm supplies an output of and its profit is