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The below diagram represents the outcomes of a firm that is…

Posted byAnonymous April 22, 2025

Questions

The belоw diаgrаm represents the оutcоmes of а firm that is operating in a purely competitive industry. Need ALT text   Suppose that costs associated with commodities remain unchanged but technology prices decrease, having a combined effect of shifting only the ATC schedule down. Calculate the economic or pure profit for this firm if the red line shifts down by $ [a] at each possible level of output. Please enter the answer using 2 decimal places, rounding up if the 3rd decimal place is 5 or higher.  Do not enter units. Do not enter "$".

Tags: Accounting, Basic, qmb,

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