Mathematics, 29.03.2020 19:58, aimee80

3. MaxProfit Inc, a profit maximizing firm in a competitive market is currently producing 1000 units of widgets. It has average revenue of $100, average total cost of $80 and fixed cost of $2,000. a. What is its profit?

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3. MaxProfit Inc, a profit maximizing firm in a competitive market is currently producing 1000 units...