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Econ hw 5 1. Refer to the Table below. 1. LexCorp is a perfectly competitive firm that sells its product for $5 per piece. Fill

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Econ hw 5

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1. Refer to the Table below. 1. LexCorp is a perfectly competitive firm that sells its product for $5 per piece. Fill in the columns in the table below. Answer: (9 points) Q TR TO Profit MR MC 0 3 1 5 5 + 2 10 6 3 15 8 20 10.5 5 25 15

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