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if this firm faces constant marginal costs (MC) of $5, determine its profit-maximising level of output and profit at this point Remember to show your
if this firm faces constant marginal costs (MC) of $5, determine its profit-maximising level of output and profit at this point Remember to show your working and provide explanations to the arrived at your answers. (2.5 marks)
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
