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Use the figure below to answer the following question. Figure 11.3.4 ...

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Use the figure below to answer the following question.

Figure 11.3.4

Refer to Figure 11.3.4, which shows the cost curves of Paul's Picture Frames Inc. The picture frame market is perfectly competitive and the market price is $12 a frame. Paul produces ________ frames each day and makes daily total revenue of ________.
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