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What is the quantity that maximizes the profit? Consider a firm in perfect competition. We know the following about this firm: Q TR FC VC

What is the quantity that maximizes the profit?

Consider a firm in perfect competition. We know the following about this firm: Q TR FC VC TO MR MC 0 175 75 100 UI A W N H 500 400 1000 1020 tation: Q = quantity; TR = total revenue; MR = marginal revenue; FC = fixed costs; VC = v arginal costs at is the quantity that maximizes the profit? ct one

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