What is the proft maximizing quantity of output

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A perfectly competitive market has a market price of $94. At an output quantity of 14 units, marginal cost is minimized at $81. At an output quantity of 20 units, marginal cost is $94. At an output quantity of 33 units, marginal cost is $98. What is the proft maximizing quantity of output?

Reference no: EM131592349

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