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Solve 2) The firm depicted in the table below is in a PERFECTLY COMPETITIVE MARKET. Complete the following table: (15 points) Quantity Price Marginal Total

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2) The firm depicted in the table below is in a PERFECTLY COMPETITIVE MARKET. Complete the following table: (15 points) Quantity Price Marginal Total Total cost Average Marginal ($/unit) revenue revenue total cost cost 0 $3 $20 10 $30 20 $46 30 $66 40 $96 50 $150 The profit maximizing price is $ The profit maximizing quantity is The firm is making $ in profit

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