Business, 23.12.2020 21:00 drandbone92

Using the information from the table below, answer the following questions. ProductionTotal cost
0 80
1 140
2 180
3 200
4 240
5 320
6 420
7 540
8 680

a. Total average costs for the production of 4 products.
b. Marginal cost for the production of the 6th product.
c. If its price is 100$, find the maximum profit for a perfectly competitive firm (MR=MC).

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Using the information from the table below, answer the following questions. ProductionTotal cost

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