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A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of 10, average total cost of 8, and fixed cost of 200 . a. What is its profit? b. What is its marginal cost? c. What is its average variable cost? d. Is the efficient scale of the firm more than, less than, or exactly 100 units? | Numerade
2020年5月11日
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