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what would the firms profit be? Question Completion Status: Fill out the following table: (1) (2) (3) (4) (5) (6) (7) (8) Average Fixed Cost

what would the firms profit be?

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Question Completion Status: Fill out the following table: (1) (2) (3) (4) (5) (6) (7) (8) Average Fixed Cost Average Variable Cost Average Total Cost Total Fixed Variable Cost Cost Cost Marginal Cost Output 0 $1.00 $1.00 $0 1 $3.50 $1.00 $2.50 $1.00 $2.50 $3.50 $2.50 2 $3.90 $1.00 $2.90 $0.50 $1 45 $1.95 $0.40 3 $4.20 $1.00 $3.20 $0.33 $1.07 $1.40 $0.30 4 $5.00 $1.00 $4.00 $0.25 $1.00 $1.25 $0.80 5 $6.30 $1.00 $5.30 $0.20 $1.06 $1.26 $1.30 6 $7.80 $1.00 $6.80 $0.17 $1.13 $1.30 $1.50 7 $9.60 $1.00 $8.60 $0. 14 $1.23 $1.37 $1.80 8 $11.60 $1.00 $10.60 $0.13 $1.33 $1.45 $2.00 9 $13.80 $1.00 $12.80 $0.11 $1.42 $1.53 $2.20 10 $16.20 $1.00 $15.20 $.10 $1.52 $1.62 $2.40 *Be sure to include a dollar sign ($) for each of your answers and round to two decimal places (i.e. $0.70, $1.75, $3.00, etc...)* Let the profit maximizing output for the firm be 6 units at a price of $30. What is the firms profit

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