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Need help please. The numbers inputted are my answers. 3 of the answers are wrong so can you guys please help me figure this question
Need help please. The numbers inputted are my answers. 3 of the answers are wrong so can you guys please help me figure this question out please
\fConsider the information in the file named Cost Functions of the Firm (also presented above). Please read that file carefully before answer this and the following questions. Suppose that these cost functions pertain to a perfectly competitive firm. If the market price of the product is P = $240 per unit, the firm will produce 6.00 units of output. The firm's revenue will equal 1440.00 dollars, its total cost of production will equal 8280.00 dollars, and it will make an economic profit of -6840.00 dollars. In that case, its producer surplus will equal 0.00 dollars. Moreover, if the market price of the product is P = $240 per unit, the firm will be able to cover | 0.00 dollars of the fixed costStep by Step Solution
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