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Business, 22.12.2021 20:30 aliyahgregory

Suppose the market for microwave ovens is perfectly competitive. Also suppose a firm that produces microwave ovens has an average total cost of $200 when selling 200 units. The fixed cost is $100, and the average total cost when selling 201 units is $201. If the market price for a microwave oven is $500, this firm should

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