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A firm was analyzing their total revenue and total cost curves to determine if they were maximizing profit. Cost Total Cost Total Revenue 0 Output
A firm was analyzing their total revenue and total cost curves to determine if they were maximizing profit. Cost Total Cost Total Revenue 0 Output 5.000 10,000 15,000If this rm were to produce 0,000 purses [green line), they would need to increase production to in order to maximize profit. 0 $13,000 0 $15,000 0 $0,000
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