The figure shows the costs of Quick Copy, one of many copy shops near campus. If the

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The figure shows the costs of Quick Copy, one of many copy shops near campus.
If the market price of copying is 10¢ a page, calculate Quick Copy€™s

a. Profit-maximizing output.
b. Economic profit.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:17 AM

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The figure shows the costs of Quick Copy, one of many copy shops near campus. If the

Question:

MC ATC 8 12 4 20 40 60 0 100 Guantity (pages per hour)

Step by Step Answer:

a Quick Copys profitmaximizing quantity is 80 pages an hour Quick C...View the full answer

Microeconomics

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