(Answered) Question - you are a super smart profit-maximizing firm in

Economics

Question - You are a super smart profit-maximizing firm in a competitive market currently producing 100 units of output. The market price is $10 while the firm's average cost is $8 and it's fixed cost are $200 at100 units of production.

What is the firm's marginal revenue?

What is the firms profit?

What is the firm's more marginal cost?

What is the firm's average variable cost?

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Microeconomics, Economics

Category:- Microeconomics
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