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What are the firm weekly economic profits

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Reference no: EM132213247

Currently, a? monopolist's profit-maximizing output is 250 units per week. It sells its output at a price of ?$50 per unit and collects ?$20 per unit in revenues from the sale of the last unit produced each week. The? firm's total costs each week are ?$9,000.

a. What are the firm's weekly economic profits?

b. What is the firm's marginal cost?

c. What is the firm's average total cost?

Reference no: EM132213247

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