The following diagram depicts the marginal cost curve ( MC), the average cost c...

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The following diagram depicts the marginal cost

curve (

MC), the average cost curve (AC) and the isoprofit curves of a firm.

Based on this, we can conclude that:

The

profit level at

B is 2,400.

0%

The

price at

C is 50.

0%

The

profit margin (profit per unit of output) at

B is 8.

0%

The

profit level at

A is 1,000.

0%

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