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Respond to the following question by uploading a picture of your work. The response should be done manually. A firm sells its outputs for $

Respond to the following question by uploading a picture of your work. The response should be done manually.
A firm sells its outputs for $3 each and has the following output structure. Use this information to answer the following questions.
a. Calculate the total profit at each level of output (2 points)
b. Calculate the profit-maximizing output using the MR = MC rule. (2 points)
c. Is the business operating in the short run? What about the long run? (4 points)
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