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nakungth nakungth
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Posts: 1175
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6 years ago
The following table contains information for a price taking competitive firm.  Complete the table and determine the profit maximizing level of output (round your answer to the nearest whole number).

      Total    Marginal   Fixed   Average   Total   Average   Marginal
   Output   Cost   Cost   Cost   Cost   Revenue   Revenue   Revenue
   0   25
   1   35
   2   30
   3   45
   4   185
   5   57
   6   120   240
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Answer verified by a subject expert
oracledarrenoracledarren
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Posts: 455
6 years ago
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nakungth Author
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6 years ago
This helped my grade so much Perfect
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Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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