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Please answer correct explain plz asap Don't answer by pen paper plz Assume that for an individual firm marginal cost equals average variable cost at
Please answer correct explain plz asap
Don't answer by pen paper plz
Assume that for an individual firm marginal cost equals average variable cost at $6. Furthermore, marginal cost equals average total cost at $10. If the current price is $12, then the firm will operate Multiple Choice at a loss. O where economic profits are negative O at a point where firms will leave the market. O where economic profits are positiveStep by Step Solution
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