Refer to the accompanying graph. If this rm is a price taker, then when the price of

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Refer to the accompanying graph. If this rm is a price taker, then when the price of each unit of output is $30. how much profit does this firm earn at its protmaximizing level of output? 35 MC ATC 3o . P1 27 ______________ .: AVC 25 i . 20 --------------------- Cost (5) . . I 0 10 20 30 4045 50 60 7O 80 90 1 Quantity

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Refer to the accompanying graph. If this rm is a price taker, then when the price of

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