Look at Table 8.13. What would happen to the firms profits if the market price increases to

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Look at Table 8.13. What would happen to the firm’s profits if the market price increases to $6 per pack of raspberries?

Table 8.13

0 Quantity 10 20 30 40 50 60 70 80 90 100 Total Cost $62 $90 $110 $126 $144 $166 $192 $224 $264 $324 $404


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