P $70 $65 $60 $55 $50 ATC $45 $40 $35 AVC MR $30 $25 $20 $15...

Question

Question

Answer 1

Answer #1

Equilibrium price is where MR = MC i.e. 35.

MR and MC curve intersects at price of $ 35.

Therefore, answer is $ 35.

Answer 2

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