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Business, 05.12.2019 04:31 minecraft56

Suppose that the allocatively efficient output level in long-run equilibrium is 200 meals. in long-run equilibrium, suppose that this restaurant charges $11 per meal for 180 meals and that the marginal cost of the 180th meal is $8. what is the size of the firm’s economic profit?

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Suppose that the allocatively efficient output level in long-run equilibrium is 200 meals. in long-r...
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