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[5] Currently operating at an output level of 8 units, a purely competitive firm faces a market price of $100 and an average total cost
[5] Currently operating at an output level of 8 units, a purely competitive firm faces a market price of $100 and an average total cost of $50. If the marginal cost of the 9th unit of output is $90, then as this firm expands its production to 9 units, profit will to A. B. C. D. rise; $1000 rise; $410 rise; $510 fall; $90
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