Question: Given the Long Run marginal and average cost curves below, what output quantity would this firm produce at a price of $6/unit? What output quantity

Given the *Long Run* marginal and average cost curves below, what output quantity would this firm produce at a price of $6/unit? What output quantity would the firm produce if the price fell to $4/unit? Explain your answer

Price ($) 2 4 6 10 8 0 20 20 40 60 60 808 100 120 Q(output)

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Question: Given the *Long Run* marginal and average cost curves below, what output quantity would this firm produce at a price of $6/unit? What output quantity

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Question: Given the Long Run marginal and average cost curves below, what output quantity would this firm produce at a price of $6/unit? What output quantity