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growing is perfectly competitive and all growers have the same costs. The market price is $26 a bunch and each grower maximizes profit by producing
growing is perfectly competitive and all growers have the same costs. The market price is $26 a bunch and each grower maximizes profit by producing 1,600 bunches a week. Average total cost is $16 a bunch and average variable cost is $10 a bunch. Minimum average variable cost is $5 a bunch. What is the price at the grower's shutdown point? Question content area bottom Part 1 The price at the grower's shutdown point is $enter your response here a bunch
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