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Business, 20.12.2019 02:31 randall10

Converse, an apparel company, has been fairly successful selling denim-colored college sportswear. lydia sees an opportunity for profit and enters the market. after producing her profit maximizing level of output, she finds that her average total cost per unit is $40, her average variable cost per unit is $30, and the market price is $35. in the short run, lydia should.

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Converse, an apparel company, has been fairly successful selling denim-colored college sportswear. l...
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