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Business, 04.04.2020 09:51 bfgnnnbddf6830
Smiling Cow Dairy can sell all the milk it wants for $5 a gallon, and it can rent all the robots it wants to milk the cows at a capital rental price of $200 a day. It faces the following production schedule: Number of Robots Total Product (Gallons) 0 0 1 55 2 100 3 140 4 165 5 180 6 190 In what kind of market structure does the firm sell its output
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