Business, 21.04.2020 15:53 sebascarvallo2003
He equilibrium price at which a perfectly competitive firm sells its good is $5. The profit-maximizing quantity of output is 70 units. At this quantity of output, the firm has an average fixed cost of $2 and an average variable cost of $7. In the short run, this perfectly competitive firm should .
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He equilibrium price at which a perfectly competitive firm sells its good is $5. The profit-maximizi...
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