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(a) Compute the firm's profit when it produces A,B, or C and enter these data in the table. (b) Which product will the firm produce?
(a) Compute the firm's profit when it produces A,B, or C and enter these data in the table. (b) Which product will the firm produce? (c) Suppose the quantity of product B the firm was able to produce with the same amount of inputs now rose to 25 . Which product will the firm now produce? (d) As a result of the rise in quantity of product B to 25 that each firm can produce, what will happen to the number of firms producing product B
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