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What is the profit-maximizing level of output

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Reference no: EM131574590

Question - Use the graph to answer these questions:

1021_graph.png

(a) What is the profit-maximizing level of output?

(b) What is the economic profit?

(c) What is the per-unit amount of profit at the profit-maximizing level of output?

(d) At what price would the firm decide to shut down?

Reference no: EM131574590

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