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Rick's Salsa produces 2,000 jars of salsa per week. Rick's Salsa sells for $6 per jar. The firm's average cost is $4 per jar, its
Rick's Salsa produces 2,000 jars of salsa per week. Rick's Salsa sells for $6 per jar. The firm's average cost is $4 per jar, its marginal cost is $2 per jar and its marginal revenue is $2 per jar. How much is Rick's weekly profit? Group of answer choices -$4,000 $0 $4,000 $8,000
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Principles of Economics
Authors: Robert Frank, Ben Bernanke
5th edition
73511404, 978-0073511405
