# Microeconomics

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A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of \$10, average total cost of \$8, and ficed costs of \$200. What are the firm's profit, marginal cost, and average varible cost respectively?

• Microeconomics -

Firm's Profit \$200
Marginal Cost \$10
Average Varible Cost Respectively \$6

\$200, \$10, and \$6

• Microeconomics -

How did you get that answer pam??

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