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Fast Copy is a perfectly competitive firm. The figure shows FastCopy's cost curves. If the market price is 4 cents perpage, what is FastCopy's profit

Fast Copy is a perfectly competitive firm. The figure shows FastCopy's cost curves. If the market price is 4 cents perpage, what is FastCopy's profit maximizing level ofoutput?

32 pages per hour

48 pages per hour

16 pages per hour

64 pages per hour

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