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customers and paid tys economic profit in her first year is: b. C. d. $15,000. $20,000. $70,000. 2. The market structures th
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3) In short run firms have atleast one factor of production which is fixed for example and expenditure on purchase of equipment and all other are variable factors. Hence option c is correct

4) Average product when there are 4 workers = Total output / number of workers = 44/4 = 11 (option c)

5) Marginal product of 3rd worker = Total output of 3rd worker- total output of 2nd worker / 3-2 = 30-18/1

= 12 units of output (option b)

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