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Quantity                          Total Cost 0                                           $4 1                                           $10 2                                           $16 3                                           $21 4                                           $24 5                                           $35 6                                           $48  What is the lowest price at which this firm would operate in the short run? a) $8 b) $5 c) $7 d) $6

Economics May 07, 2021

Quantity                          Total Cost

0                                           $4

1                                           $10

2                                           $16

3                                           $21

4                                           $24

5                                           $35

6                                           $48

 What is the lowest price at which this firm would operate in the short run?

a) $8

b) $5

c) $7

d) $6

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