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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
Suppose a monopolistically competitive firm's output where marginal revenue equals marginal cost is 66 units and the price corresponding to this quantity is $18. If the average total cost at this output is $16.55, then its total profit is
A) $1,188.
B) $1,092.30.
C) $95.70.
D) $1.45.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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8 years ago
Just got PERFECT on my quiz
Liarec
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Yesterday
Thank you, thank you, thank you!
mikeh209
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2 hours ago
Good timing, thanks!
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