Question: A marginal cost curve intersects the average cost curve at the minimum point ofihe average cost curve. A firm produces 10 units of output at




















A marginal cost curve intersects the average cost curve at the minimum point ofihe average cost curve. A firm produces 10 units of output at a market price of $6, a marginal cost of $6, and an average cost of $4. The firm's economic profit is $ 1 |(enter your response as an integer) and the firm is not | maximizing its economic profit
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