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Consider the graphs of a perfectly competitive market below: assuming the firms will maximize profit if P=7. MC ATC 20,000 $7 $3 150 200 MC
Consider the graphs of a perfectly competitive market below: assuming the firms will maximize profit if P=7.
MC ATC 20,000 $7 $3 150 200 MC ATC 20,000 $7 $3 150 200
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