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Business, 27.06.2019 20:50 meg7211

The table below shows cost information for a perfectly competitive firm verage variable cost quantity marginal cost average total cost 2.00 5.00 9.00 14.00 20.00 27.00 35.00 2.00 3.50 5.33 7.50 10.00 12.83 16.00 2 13.50 12.00 12.50 14.00 16.16 18.86 4 6 the short run supply curve for the firm is the marginal cost ? curve if price is greater than or equal to $ the long run supply curve for the firm is the average total cost curve if price is greater than or equal to $ 1

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