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You are operating atirm in aporfootly oompetitive market. In the short run, you have fixed oosts of 530. Your variable costs are given in the

I need to fill in the table. Please see question below.Screen Shot 2018-11-04 at 9.58.24 AM.png

Screen Shot 2018-11-04 at 9.58.24 AM.png

You are operating atirm in aporfootly oompetitive market. In the short run, you have fixed oosts of 530. Your variable costs are given in the following
table: D TVC

‘IDD
‘I 50
‘IBD
220
300
3‘?!) 4D MN Sh mm Complete the following table: Market Price Profit maximizing level of output Profit $52 $60 Sm $35

Top Answer

P=52; Q=0; Loss of $30 (or profit = -$30) P=60;... View the full answer

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