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Suppose the equilibrium price in the pizza market is $12. How many pizzas per week should the firm produce, and how much profit per week

Suppose the equilibrium price in the pizza market is $12. How many pizzas per week should the firm produce, and how much profit per week will the firm make?

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Pizzas per Fixed Variable Total costs Marginal costs Average total Average variable week (Q) costs (FC) costs (VC) (TC) (MC) costs (ATC) costs (AVC) $1,000 $1,000 N.A N.A N.A 100 $1,000 $360 $1,360 3.6 13.6 3.6 200 $1,000 $840 $1,840 1.2 9.2 4.2 300 $1,000 $1,440 $2,440 4.8 8.1 4.8 400 $1,000 $2,160 $3,160 5.4 7.9 5.4 500 $1,000 $3,000 $4,000 6 8 6 600 $1,000 $3,960 $4,960 5.6 8.3 6.6 700 $1,000 $5,040 $6,040 7.2 8.6 7.2 300 $1,000 56,240 $7,240 7.8 9.05 7.8 9OC $1,000 $7,560 $8,560 8.4 9.5 8.4 1000 $1,000 $9,000 $10,000 9 10 9 Suppose the equilibrium price in the pizza market is $12. How many pizzas per week should the firm produce, and how much profit per week will the firm make

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