Question: Find the two break - even points for this firm. Compute total revenue and total cost at each point to verify that these are indeed

Find the two break-even points for this firm. Compute total revenue and total cost at each point to verify that these are indeed break-even points.
b. How much will the firm produce? What is total economic profit at this output?
c. When the industry attains long-run competitive equilibrium, what will be the price and the firms output? What will be the firms economic profit in long-run equilibrium?

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