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Business, 12.08.2019 20:10 JonJon05

Aperfectly competitive orchard that produces 500 lbs of apples in the short run has an atc = $10 and afc = $8. the market price is $4 per lb and is equal to mc. in order to maximize profits (or minimize losses) in the short-run, this farm should:

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Aperfectly competitive orchard that produces 500 lbs of apples in the short run has an atc = $10 and...
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