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Assume that marginal revenue equals rising marginal cost at 100 units of output. At this output level, a perfectly competitive profit-maximizing firm's average fixed cost

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Assume that marginal revenue equals rising marginal cost at 100 units of output. At this output level, a perfectly competitive profit-maximizing firm's average fixed cost is $2, its marginal revenue is $3, and its total variable costs are $400. The firm will earn an economic profit of O zero. O -$400. Able 15-7. What le total profited O -$300. O -$600. O -$200

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