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A price taker firm is currently producing Q=50 and has ATC=$3.If the market price is $6, then the firm's economic profits are $4 $150 $200
A price taker firm is currently producing Q=50 and has ATC=$3.If the market price is $6, then the firm's economic profits are
$4
$150
$200
$350
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
