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Consider a prot maximizing manufacturing rm operating in a perfectly competitive industry. The market price for its good is $35 and total production costs can

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Consider a prot maximizing manufacturing rm operating in a perfectly competitive industry. The market price for its good is $35 and total production costs can be described as in the table below. q VC TC MC 9 432 452 24 10 460 480 11 495 515 12 540 560 13 598 618 How much output (q) will the rm choose to produce to maximize prots? L") 11. Non: of a-v-'ailab ::- choice

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