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Suppose Ron owns a small company that makes black-lights

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Suppose Ron owns a small company that makes black-lights. The market for black-lights is perfectly competitive, and black-lights sell for $25 each. Ron's total costs vary depending on the number of black-lights he makes each day, as shown in the table below. N and At the profit-maximizing level of output, find Ron's profiv[ Select ] -$6 -$5 producer surplus (Select) -$30 -$15 -$3 -$2 Number of black-lights per 0 day 5 Total Cost, C per day ($) 30 40 56 78 102 130 165
Suppose Ron owns a small company that makes black-lights. The market for black-lights is perfectly competitive, and black-lights sell for $25 each. Ron's total costs vary depending on the number of black-lights he makes each day, as shown in the table below. At the profit-maximizing level of output, find Ron's profit (Select) and producer surplu v[ Select ] $28 $25 $30 $27 Numi $24 day $15 $15 Total Cost, C per day (S) 2 3 4 5 6 30 40 56 78 102 130 165