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Question 14 2 pts In answering the next three questions, consider the cost curves for a firm you manage that operatives in a perfectly competitive

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Question 14 2 pts In answering the next three questions, consider the cost curves for a firm you manage that operatives in a perfectly competitive market. P MC ATC AVC $10 ... . $8 $6 $2 12 18 24 30 32 34 46 52 Q If the market equilibrium price for this product is $8, then the profit maximizing output level you select for the firm would be 30 units of output 34 units of output 32 units of output O 24 units of output

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