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Fusion Crush Fruit is a monopolistic competitor in the frozen fruit industry. Using the data collected below, what is the profit-maximizing price and quantity at
Fusion Crush Fruit is a monopolistic competitor in the frozen fruit industry. Using the data collected below, what is the profit-maximizing price and quantity at which Fusion Crush Fruit should sell its frozen fruit? Fusion Crush Fruit, Costs of Production Quantity Price Total Revenue Marginal Revenue Total Cost Marginal Cost 10 $150 $1,500 $15 $800 $80 20 $120 $2,400 $90 $1,340 $54 30 $100 $3,000 $60 $1,720 $34 40 $80 $3,200 $20 $1,880 $20 50 $60 $3,000 $20 $2,020 $14 60 $40 $2,400 $60 $2180 $16
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