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Mikail's perfectly competitive camera memory card-producing factory is making positive economic profits. If the price of memory cards is $8, Mikail's output is 3,000 cards
Mikail's perfectly competitive camera memory card-producing factory is making positive economic profits. If the price of memory cards is $8, Mikail's output is 3,000 cards a month, and his monthly average total cost is $7, what are his monthly profits?
1.$21,000
2.$24,000
3.$3,000
4.$0
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