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These questions are from Microeconomics ECON 2200, and are related to perfect competition. The Second photo is the given chart and graph, which need to

These questions are from Microeconomics ECON 2200, and are related to perfect competition. The Second photo is the given chart and graph, which need to be used to answer the questions on the 1st photo. I would like to check my answers for those questions. Please and thank you!

image text in transcribedimage text in transcribed
SHOW YOUR WORK OR REASON FOR YOUR ANSWER. 3. Find the profit maximization quantity at a price of $36 (2marks) 4. What is the profit per unit at this price? (2marks) 5. Find the profit maximization quantity and profit per unit at prices of $27 and $20. (2marks) 6. What is the break-even price? How much will you produce at this price? (2marks) 7. What happens when the price is $16? (2marks) 8. What is the sin the below table highlighted profit maximization point , it is at Q: Q. Explanation: Price 3 in output

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