Exhibit 7-10 Price and cost data for a firm Q 0 1 2 3 4 $36. $24. $12. P $8. $12 12 12 12 12 AVC 3 In Exhibit 7-10, the
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Exhibit 7-10 Price and cost data for a firm Q 0 1 2 3 4 $36. $24. $12. P $8. $12 12 12 12 12 AVC 3 In Exhibit 7-10, the
Exhibit 7-10 Price and cost data for a firm Q 0 1 2 3 4 $36. $24. $12. P $8. $12 12 12 12 12 AVC 3 In Exhibit 7-10, the maximum possible total profit is: 5 7.3 9.5 ATC 5 6 8 10 MC 5 12 16