Mathematics, 03.02.2020 20:52 ineemorehelp
Garcia company is a perfectly competitive firm. the market price of its output is $10. the firm is currently producing 100 units of output. at this level of output, the firm’s average total cost is $8 per unit, its average variable cost is $6 per unit, and its marginal cost is $10 per unit. what is the firm’s profit?
Answers: 3
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Garcia company is a perfectly competitive firm. the market price of its output is $10. the firm is c...
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