tarak7240 tarak7240
  • 06-06-2023
  • Business
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You are given the following cost and revenue information for Cindy's Candles, a perfectly competitive firm at its current level of output. AFC=4ATC=10TVC=600MC=10TR=1,200​ a) What is the amount of profit or loss? b) Is the firm producing at its optimal level? If not, should it increase or decrease output?

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