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The graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry. How much profit
The graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry. How much profit is this firm making per minute? MC $ per minute. (Round your answer to the nearest penny.) In the long run, firms will this industry until there is a tendency for the firms in the 10- ATC industry to be making economic profit 8- AVC Price/Cost per unit 6.76 6 4.78 4- 2.9 2- 40 :55 20 10 60 80 100 120 Enter your answer in the answer box
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