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Author Question: Consider a perfectly competitive firm producing and selling mousetraps at a market price of $5.00. ... (Read 117 times)

Dannyrod2

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on: Oct 12, 2022
Consider a perfectly competitive firm producing and selling mousetraps at a market price of $5.00. Suppose this firm is producing 1250 mousetraps and its average total cost is $4 per unit. The firm will be
◦ breaking even.
◦ suffering losses of $5000.
◦ suffering losses of $1250.
◦ earning profits of $5000.
◦ earning profits of $1250.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Dannyrod2 on Oct 12, 2022

dsd1212

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Reply #1 on: Oct 12, 2022
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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Dannyrod2

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

xiaomengxian

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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