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fConsider the graph of a firm operating in a perfectlyr competitive industry. At a price of $30. this perfectly competitive lirm's profit-maximizing output lS this

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\fConsider the graph of a firm operating in a perfectlyr competitive industry. At a price of $30. this perfectly competitive lirm's profit-maximizing output lS this firm will price . In the long run, this firm will . At this price and output level. the firm will earn 35 45 30 . The longrun equilibrium price fora firm in this industry with these costs will be In In so 1 50 '0 quantity per unit in revenue. It's per-unit costs will be In the short run Consider the graph of a firm operating in a perfectly competitive industry. At a price of $30, this perfectly competitive firm's profit-maximizing output is At this price and output level, the firm will earn per unit in revenue. It's per-unit costs will be $ In the short run this firm will In the long run, this firm will The long-run equilibrium price for a fi industry with these costs will be 35 45 price 30 MC 50 ATC AVC 55 d'=mr'=ar' 45 35 d=mr=ar 25 15 5 20 30 40 50 60 quantityConsider the graph of a firm operating in e perfectlyr competitive industry At a price of $30. this perfectly competitive firm's profitimeximizing output is 3 . At this price and output level. the firm will earn 3 per unit in revenue. lt's perfunit costs will be - . In the short run this firm will : . In the long run, this firm Will : . The longrun equilibrium price fora firm in this industry with these costs will be : 35 . 45 p rl C8 30 MC 50 In In so 10 So go quantity Consider the graph of a firm operating in e perfectlyr competitive industry. At a price of $30. this perfectly oompetitive firm's profit-maximizing output is . At this price and output level. the firm will earn per unit in revenue. It's per-unit costs will be The longrun equilibrium price for a firm in this industry with these costs will he this firm will _ In the long run, this firm will shut down contin u e to p roduoe MC d=mr=ax as [5 In In so 1 50 go quantity In the short run Consider the graph of a firm operating in a perfectly competitive industry. At a price of $30, this perfectly competitive firm's profit-maximizing output is At this price and output level, the firm will earn per unit in revenue. It's per-unit costs will be # In the short run this firm will In the long run, this firm will The long-run equilibrium price for a firm in this industry with these costs will be price shut down MC continue to produce ATC AVC 55 d'=mr'=ar' 45 35 d=mr=ar 25 15 5 10 20 30 40 50 60 quantityConsider the graph of a firm operating in a DEFFBCIlY competitive industry. At a price of $30. this perfectly competitive firm's profit-maximizing output is 3 . At this price and output level. the firm will earn 3 per unit in revenue. It's per-unit costs will be this firm Wlll price In In '50 . In the long run, this firm will MC 105's so quantity The longrun equilibrium price for a firm in this industry with these costs will b- ln the shun run

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