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QUESTION
The table above shows some of the costs for a perfectly competitive firm.
The table above shows some of the costs for a perfectly competitive firm. The firm will produce 9 units of output if the price per unit is
200 as it will satisfy the equilibrium criteria
200 because the firm will only make profit at this price
1750 as this will cover his costs
1750 as this is the price the firm will be willing to produce the 9 output level
1000 as it will maximize his profit
