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a.) Complete the table b.) What is the lowest price at which rm A will produce? c.) How many units of output will it produce
a.) Complete the table b.) What is the lowest price at which rm A will produce? c.) How many units of output will it produce at that price? (assume that it cannot produce fractional units) d.) What is the lowest price at which rm B will produce? e.) How many units of output will it produce? f.) How many units will rm A produce if the market price is $20? g.) How many units will rm B produce at the $20 price? h.) If each rm's total xed costs are $20 and the price of output is $20, which rm would earn a higher net prot or incur a smaller loss? i.) How much would that net prot or loss be
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