A profit-maximizing firm operating in conditions of perfect competition and is producing a daily output such that its to
Posted: Sun Jul 03, 2022 1:01 pm
A profit-maximizing firm operating in conditions of perfect competition and is producing a daily output such
that its total revenue is $2,000,000. The firm's average cost is $8,000, its marginal cost is $10,000, and its
average variable cost is $5,000. Its daily output is
that its total revenue is $2,000,000. The firm's average cost is $8,000, its marginal cost is $10,000, and its
average variable cost is $5,000. Its daily output is