Question: [elated to Solved Problem 12.3 on page 447] Given that the price of basketballs rises to $50.00, how many basketballs will Andy be able to

[elated to Solved Problem 12.3 on page 447] Given that the price of basketballs rises to $50.00, how many basketballs will Andy be able to produce? How much profit will he make? Will Andy be able to make marginal cost equal to marginal revenue? Briefly explain why.

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