sabrinacandler726 sabrinacandler726
  • 22-05-2023
  • Business
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A profit maximizing firm in a competitive market is currently producing 150 units of output at a price of $15. Average total cost is $8 and fixed cost is 200$. What is this firm’s profit?
a.$1,050
b.$1,800
c.$950
d.$2,000

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