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3) (8pts.) A firm in a perfectly competitive market is producing 100 units/day, in the short run, at the current market conditions and cost structure.
3) (8pts.) A firm in a perfectly competitive market is producing 100 units/day, in the short run, at the current market conditions and cost structure. True or false: If the marginal cost of producing any quantity increases by 2 TL/unit, the firm will not change the quantity that it is producing, i.e., will still produce 100 units/day. Explain your
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