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The table below shows the total cost for a firm that manufactures bags. Output (Q) Total Cost (TC) 14 15 2 18 3 24 A

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The table below shows the total cost for a firm that manufactures bags. Output (Q) Total Cost (TC) 14 15 2 18 3 24 A 36 Refer to the table above. Assuming free entry and exit of other firms, based on the ATC curve, the price in the long run will be: O 10 O , O 8

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