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Drew7595 Drew7595
  • 30-05-2024
  • Business
Answered

At the profit maximizing price and output, the firm in Exhibit 23-2 has an average profit of __and a total profit of ___.
a) $10 and 850.
b) $
20 and 425
c) $40 and 1700
d) $
50 and 850

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