P (dollars) MC ATC 60 50 AVC 35 10 Q (units) 100 300 450 If the market price is $60, then the firm should firmes maximum attainable profit is to maximize profit and the shut, down; $0 produce 450 units; $4,500 produce 450 units; $27,000 not enough information

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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P (dollars)
MC
ATC
60
50
AVC
35
10
Q (units)
100
300
450
If the market price is $60, then the firm should
firmos maximum attainable profit is
to maximize profit and the
shut, down; $O
produce 450 units; $4,500
produce 450 units; $27,000
O not enough information
Transcribed Image Text:P (dollars) MC ATC 60 50 AVC 35 10 Q (units) 100 300 450 If the market price is $60, then the firm should firmos maximum attainable profit is to maximize profit and the shut, down; $O produce 450 units; $4,500 produce 450 units; $27,000 O not enough information
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