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1.Carol's firm produces computer desks in a perfectly competitive market. The table below shows Carol's total variable cost. She has a fixed cost of $200,

1.Carol's firm produces computer desks in a perfectly competitive market. The table below shows Carol's total variable cost. She has a fixed cost of $200, and the price per desk is $60.

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2.50 Supply 2.00 1.50- PRICE (per gallon) 1.00 0.50 Demand 2 4 6 8 10 12 14 16 18 20 QUANTITY OF GASOLINE (billions of gallons)Number of Workers Total Output of Iron Ore C 0 30 2 49 3 65 75 80Number of Workers Total Output of Iron Ore 0 O 30 2 49 65 4 75 5 80\fProduced (units) Variable Cost Cost 200 300 2 290 390 3 370 470 4 440 540 520 620 6 610 710 7 710 810PRICE MC ATC AVC P Pa Q Q, Q, Q. QUANTITY

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