Question: Crotty's Soap Supply does business in a perfectly competitive market. The graph below shows how the firm's costs vary with output. If the market

Crotty's Soap Supply does business in a perfectly competitive market. The graph

Crotty's Soap Supply does business in a perfectly competitive market. The graph below shows how the firm's costs vary with output. If the market price is PS. what is Crotty's profit-maximizing level of output? ATC AVC o QI 02 03 04 Output

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