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Assume that a firm can produce product A, product B, or product C with the resources it currently employs. These resources cost the firm a

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Assume that a firm can produce product A, product B, or product C with the resources it currently employs. These resources cost the firm a total of $100 per week. Assume, for the purposes of this problem, that the firm's costs cannot be changed. The market prices and the quantities of A,B, and C these resources can produce are given as follows. (5 Marks) (a) Compute the firm's profit when it produces A,B, or C and enter these data in the table. (b) Which product will the firm produce? (c) If the price of A rose to $16, which product will the firm produce? (d) If the firm produces A at a price of $16, what would tend to happen to the number of firms producing product A

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