Business
Business, 14.07.2019 04:00, ultimateapes

Assume a certain firm in a competitive market is producing q = 1,000 units of output. at q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. the firm sells its output for $12 per unit. at q = 1,000, the firm's profits equal

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Assume a certain firm in a competitive market is producing q = 1,000 units of output. at q = 1,000,...

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