Question: pls The graph shows the marginal cost (MC), average total cost MC/MR (ATC), and marginal revenue (MR) curves for a perfectly (or purely) competitive firm.
pls
The graph shows the marginal cost (MC), average total cost MC/MR (ATC), and marginal revenue (MR) curves for a perfectly (or purely) competitive firm. Note, for such firms, the demand Macmillan Learning (D) curve is the same as the MR curve. Answer two ATC questions, specifying to at least one decimal place. D=MR $12 How many units should this firm produce to maximize profit? 9.7 5.6 number of units: MC 6.6 10.2 12 16 What price will the firm receive for each unit at the profit Quantity maximizing level out outputStep by Step Solution
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