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If the market price fell to $68 per scooter, other things equal, what would be the maximum profit (at the integer output quantity)? Would the
If the market price fell to $68 per scooter, other things equal, what would be the maximum profit (at the integer output quantity)? Would the firm still produce in the short run? Show/explain why (why the firm would keep producing in the short run or why it would shut down), by using the numbers in the table (question 1 above) and/or your diagrams (questions 2 and 3 above). (3)
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