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175 125 100 80 Price 270 322 C. $25,750. d. $20,375. 515 MC ATC AVC When the price of the good is $175, the firm's maximum profit is a. $16,500. b. $90,125. Quantity

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

175
125
100
80
Price
270 322
C. $25,750.
d. $20,375.
515
MC
ATC
AVC
When the price of the good is $175, the firm's maximum profit is
a. $16,500.
b. $90,125.
Quantity

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