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The cost to produce shirts is $3 per unit. The cost to produce pants is $12 per unit. The cost to produce shirts and pants isWhat is this firms profit if price, p = $64? Profit = pq - 2q2-36 476 468 28 O

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a) Yes 3 + 12 since cost of producing shirt and pant separately $15. whereas: Thus, its only $14 it has economies of scope t

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