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100 90- AC 70 - 60 - AVC 50 - 40- Revenues, costs 30- 20- Quantity per period On the basis of above graph complete
100 90- AC 70 - 60 - AVC 50 - 40- Revenues, costs 30- 20- Quantity per period On the basis of above graph complete the below table. For columns 2,3,4, and 5 you need answer only yes or no. (1) (2) (3) (4) (5) (6) (7) (3) I.vlhat is What average What is quantity profit at its Price Is Can the firm Is will. the will. it this total ($) P > AC? make a profit? P > AVE? firm produce? produce? uantity ($)? profit? 75 , 55 (Click to select) r r r (Click to select) (Click to select) : (Click to select) , 25 (Click to select) r r r (Click to select) (Click to select) : (Click to select) , 5 (Click to select) r r r | | | WEB WU IIII (Click to select) (Click to select) : (Click to select)
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