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justjm:
What is the formula for finding output of a firm in a perfectly competitive market?
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justjm:
It is between A and C due to where MRC=MRP but how do I know the units produced? is it 10 or 114?
justjm:
and I'm looking for the formula/explanation not the answer
justjm:
I think it's 10 I used MPP=MRC/P and for each one and added them, I need someone to check
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