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A perfectly competitive firm maximizes profit by producing 100 units at an average total cost of $12 and an average fix

Posted: Sun Jul 03, 2022 1:02 pm
by answerhappygod
A Perfectly Competitive Firm Maximizes Profit By Producing 100 Units At An Average Total Cost Of 12 And An Average Fix 1
A Perfectly Competitive Firm Maximizes Profit By Producing 100 Units At An Average Total Cost Of 12 And An Average Fix 1 (57.88 KiB) Viewed 10 times
A perfectly competitive firm maximizes profit by producing 100 units at an average total cost of $12 and an average fix cost of $5 for a market price of $10. Its marginal revenue must be - a. $10 b. $1000 C. -$2 d. $1200