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From the Figure, when the market price is $2, a profit- maximizing competitive firm's profit will be MC $3.00 ATC 2.50 AVC 2.00 Price 1.25

From the Figure, when the market price is $2, a profit- maximizing competitive firm's profit will be MC $3.00 ATC 2.50 AVC 2.00 Price 1.25 1.00 2 Quantity Select one: O A. $12.50. O B. $3. O C. $2.25. O D. SO

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