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Ques 3: a) Find total cost, total revenue, marginal revenue, marginal cost, and profit? b) What would happen to the firm's profits if the market
Ques 3: a) Find total cost, total revenue, marginal revenue, marginal cost, and profit? b) What would happen to the firm's profits if the market price increased to $6 per pack of raspberries? c) What would happen to the profit-maximizing output level
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