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lectur17-page32

lectur17-page32 - P Qd/ut P m D = MR MC Q Q = profit...

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32 Maximizing Profits: Price Takers Cotton Market Cotton Producer Market Demand Market Supply P Qd/ut
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Unformatted text preview: P Qd/ut P m D = MR MC Q* Q* = profit maximizing output level for producer...
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