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A competitive (that is, price taking) supplier is producing a short-run daily profit-maximizing output such that its daily revenue is $6000. The supplier's average variable
A competitive (that is, price taking) supplier is producing a short-run daily profit-maximizing output such that its daily revenue is $6000. The supplier's average variable cost is equal to its marginal cost which is $50. The supplier's short-run daily output must be Group of answer choices more than or equal to 120 less than or equal to 120 less than or equal to 100 more than or equal to 100
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