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A perfectly competitive firm receives $10 per unit at an equilibrium level of output of 80 units. The average total cost at 80 units of

A perfectly competitive firm receives $10 per unit at an equilibrium level of output of 80 units. The average total cost at 80 units of output is $8.50. The firm makes a total economic profit of:

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$120.

$160.

$100

$80

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