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mixas84 [53]
3 years ago
14

An industry currently has firms, each of which has fixed costs of and average variable costs as follows: Quantity Average Variab

le Cost Compute a firm’s marginal cost and average total cost for each quantity from to . The equilibrium price is currently . How much does each firm produce? What is the total quantity supplied in the market?
Business
1 answer:
Tems11 [23]3 years ago
3 0
Idk bro there’s too many words too read
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The estimated ending inventory is $48,236

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Detailed solution is given in the tabular form below:

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