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MC 18 ATC AVC 16 14 Price and cost dollars per unit NA 0 10 o 5 10 15 20 25 30 35 40 45
MC 18 ATC AVC 16 14 Price and cost dollars per unit NA 0 10 o 5 10 15 20 25 30 35 40 45 50 Quantity lunits per day! In the above figure, if the price is $16, a profit-maximizing perfectly competitive firm will Select one: O a. produce 50 units. O b. choose not to produce. O c. produce 10 units. O d. produce 35 units
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