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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 years ago
If a monopolistically competitive firm is producing 50 units of output where marginal cost equals marginal revenue, total cost is $1,674 and total revenue is $2,000, its average profit is
A) $326.
B) $40.
C) $6.52.
D) impossible to determine without additional information.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
wrote...

9 years ago
Smart ... Thanks!
vernonb
wrote...

Yesterday
You make an excellent tutor!
sudenzia
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2 hours ago
this is exactly what I needed
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