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at position 3 The breakfast burrito stand industry in Santa Fe is monopolistically competitive. A typical stand produces and sells 10,000 burritos in the winter

at position 3 The breakfast burrito stand industry in Santa Fe is monopolistically competitive. A typical stand produces and sells 10,000 burritos in the winter season. For that stand, the price per burrito is $3.00, the average total cost is $1.00 at the current production level, and the marginal cost is $0.50 at the current production level

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