Imagine a firm in a perfectly competitive market has the short runcost functionSRTC=200+10q+0.5q^2, where q is the number of units they produce. Fill...
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Imagine a firm in a perfectly competitive market has the short run cost

function SRTC=200+10q+0.5q^2, where q is the number of units they produce.
Fill in the blanks below with the appropriate numbers to describe the equation for the firm's short run supply curve. Recall that this is a step function. Each line represents a portion of the supply curve. The first blank in the first line represents the coefficient that is multiplied by P in the equation. The second blank is the other term in the equation (enter it as a negative number if it should be subtracted).


q=___P + ___, P>=___ ___, P<___

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