The table below shows the data for a perfect competition company in Kuantan. Output Price (RM) Total

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The table below shows the data for a perfect competition company in Kuantan. Output Price (RM) Total Cost Total Marginal Marginal (units) (RM) Revenue Cost (RM) Revenue (RM) (RM) 10 I 10 2 13 U A W N - O 15 4 25 35 7 14 a) Complete the table above with the correct figures. (6 marks) b) Identify the profit maximization level of output and indicate the type of profit earned by this firm. How much is the profit or loss? (4 marks)

Posted Date: Jun 21, 2024 06:09 AM

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The table below shows the data for a perfect competition company in Kuantan. Output Price (RM) Total

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