in the long run, what will be the firm's profit maximizing quantity?

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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d) in the long run, what will be the firm's profit maximizing quantity? 

Figure 1
MC
Revenue
and cost
(dollars
per unit)
MR
$40
ATC
AVC
24
20
14
12
8.
200
Quantity
55
100 150
Transcribed Image Text:Figure 1 MC Revenue and cost (dollars per unit) MR $40 ATC AVC 24 20 14 12 8. 200 Quantity 55 100 150
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