Unformatted text preview: below earn if the price of pizza is $0.80/slice? Answer : This firm will sell 360 slices per day, the quantity for which P = MC. Its profit will be (P-ATC) x Q = ($0.80/slice -$1.03/slice) x (360 slices/day) = -$82.80/day....
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- Spring '08
- $2.50, $0.80, $1.40, $1.03, $627, $82.80