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Mathematics, 10.04.2020 13:06 lizzieee04
C. Suppose that the allocatively efficient output level in long-run equilibrium is 210 meals. In long-run equilibrium,
suppose that this restaurant charges $11 per meal for 180 meals and that the marginal cost of the 180th meal is
$8. What is the size of the firm's economic profit?
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C. Suppose that the allocatively efficient output level in long-run equilibrium is 210 meals. In lon...
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