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Price and cost [donors] l 00 200 300 400 500 600 700 800 900 Output Rellenar Ia espacios en blanco 1. If price is $7

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Price and cost [donors] l 00 200 300 400 500 600 700 800 900 Output Rellenar Ia espacios en blanco 1. If price is $7 per unit of output, draw the marginal revenue curve. The manager should produce units in order to maximize profit. 2. Since average total cost is $ for this output, total cost is $ 3. The firm makes a profit of $ 4. Let price fall to $3, and draw the new marginal revenue curve. The manager should now produce unit in order to maximize profit. 5. Total revenue is now $ and total cost is $ . The firms makes a loss of $

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