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in a perfectly competitive market, the price of a hardsaw is 25. When a firm maximises it's profitt, it produces 6 hardsaws a day.1. draw
in a perfectly competitive market, the price of a hardsaw is 25. When a firm maximises it's profitt, it produces 6 hardsaws a day.1. draw the marginal revenue curve. label it.2. draw the marginal cost curve that illustrates the profit maximizing output. label it3. draw a point at the profit maximizing output and price.
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