AAA is a (very small) perfectly competitive firm that makes and sells kick scooters for kids. The
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Question:
AAA is a (very small) perfectly competitive firm that makes and sells kick scooters for kids. The market price is $72 per scooter. AAA has the fixed costs equal to $100 per week (just some tool rentals). The variable costs are $0/week when no scooters are produced, $64/week when one scooter is produced, $84/week when two scooters are produced, $114/week when three scooters are produced, $184/week when four scooters are produced, and $294/week when five scooters are produced.
- Fill the table for integer output levels (one to five units per week). (2)
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