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mickied mickied
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A year ago
The Long Run Industry Supply Curve

The table shows output per day and total costs for a single firm in a perfectly competitive industry.

Output per dayTotal Cost
0$51​
1$90​
2$115​
3$151​
4$205​
5$277​
What is the long-run price for this industry?
Please round your final answer to two decimal places.

▸ $39.00

▸ $25.00

▸ $32.00

▸ $50.33
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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neginakbarinneginakbarin
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A year ago
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mickied Author
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