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A company, working in a perfectly competitive market, has the following results. What is the price of the good? What should be the equilibrium output
- A company, working in a perfectly competitive market, has the following results.
- What is the price of the good?
- What should be the equilibrium output of this firm and why?
- If this firm produces 4 units, will it be in equilibrium? Explain
| quantity | total revenue | total cost |
| 1 | 15 | 13 |
| 2 | 30 | 24 |
| 3 | 45 | 39 |
| 4 | 60 | 58 |
| 5 | 75 | 81 |
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Use The News To Separate The Noise From The Investment Nuggets And Make Money In Any Economy
Authors: Maria Bartiromo
1st Edition
0061873489
