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Author Question: If a monopolistically competitive firm is producing 50 units of output where marginal cost equals ... (Read 167 times)

biggirl4568

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on: Oct 8, 2019

If a monopolistically competitive firm is producing 50 units of output where marginal cost equals marginal revenue, total cost is $1,674 and total revenue is $2,000, its average profit is


◦

$326.


◦

$40.


◦

$6.52.


◦

impossible to determine without additional information.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Marked as best answer by biggirl4568 on Oct 8, 2019

elizabethrperez

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Reply #1 on: Oct 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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biggirl4568

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Reply #2 on: Oct 8, 2019
Thank you!


elizabethrperez

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Reply #3 on: Oct 8, 2019
Always glad to help...


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