Question: What is the price and prot each rm gets for its product? Firm Firm _ Firm Quantity Total Cost (3) Marginal Cost (3) 12 24

What is the price and prot each rm gets for its

What is the price and prot each rm gets for its product? Firm Firm _ Firm Quantity Total Cost (3) Marginal Cost (3) 12 24 . 12 i 27 ' 31 39 53 73 Market Quantity Demanded 1 0 20 30 50 0 Price = $7 and prot = $7. 0 Price = $8 and prot = $7. 0 Price = $8 and prot = $7. 0 Price = $7 and prot: $7

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