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EP PRIN.OF MICROECONOMICS-MYLAB ACCESS
13th Edition
ISBN: 9780135197103
Author: CASE
Publisher: PEARSON CO
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Question
Chapter 15, Problem 3.2P
(a)
To determine
Profit maximizing output, price, total revenue, total cost and total profit of the firm.
(b)
To determine
What happens to the industry in the long run.
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