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5 Consider the following cost data for a perfectly competitive firm in the short run: Output To Total Total ToLEE 5100 $120 100 200 1

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5 Consider the following cost data for a perfectly competitive firm in the short run: Output To Total Total ToLEE 5100 $120 100 200 1 103 100 100 If the market price is $150, how many units of output will the firm produce in order to maximise profit in the short run? Specify the emount of economic profit or loss, At what level of output does the firm break even

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