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a. Say the firm is in a perfectly competitive market. If the current market (equilibrium ) price is $ 60, at what output level will

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a. Say the firm is in a perfectly competitive market. If the current market (equilibrium ) price is $ 60, at what output level will the firm as a profit maximizer produce at? b. Say the market price rises to $ 80. At what output level (as a perfect competitor) will this produce at

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