Question: Use Excel or another spreadsheet program to construct a graph that plots out demand, marginal revenue, average total cost, and marginal cost curves based on
Use Excel or another spreadsheet program to construct a graph that plots out demand, marginal revenue, average total cost, and marginal cost curves based on the table in Figure 15.12. Show the firm’s profit-maximizing level of output and the price and quantity that would result from average total cost pricing, marginal cost pricing, and a profits tax.
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