The figure shows the costs of Quick Copy, one of many copy shops near campus. If the
Question:
If the market price of copying is 10¢ a page, calculate Quick Copy€™s
a. Profit-maximizing output.
b. Economic profit.
Transcribed Image Text:
MC ATC 8 12 4 20 40 60 0 100 Guantity (pages per hour)
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