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In the following table, fill in the blanks. After you have completed the entire table, determine the profit-maximizing output. Output Price Total Marginal Total Marginal

In the following table, fill in the blanks. After you have completed the entire table, determine the profit-maximizing output.

Output Price Total Marginal Total Marginal Total revenue revenue cost cost profit $20 $20 $20 $40 $40 -$20 $20 W N $50 -$10 $20 $60 $10 0 $20 $20 $65 $5 $20 $85 $15 $20 $120 $20 $120 $35

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