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SOLVED: Refer to Figure 14-2. If the market price is 10, what is the firm's short-run economic profit?(A)1593050Refer to Figure 14-2. If the market price is10,what is the firm's short
VIDEO ANSWER: The firm will produce 8000 units if P is equal to MC and average cost is 25 so profit can be calculated as price minus average cost If the averag…
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