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Can you tell at which level of output profits will be maximized? Explain. Yes, profit are maximized at 0 units since this yields the lowest

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Can you tell at which level of output profits will be maximized? Explain. Yes, profit are maximized at 0 units since this yields the lowest total cost. No since this is only a cost table. We would need information about price and revenue. Yes, profits are maximized at 5 units, where ATC is approximately equal to MC. Yes, profits are maximized at 4 units since this is the lowest ATC

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