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    Market Price

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    If the market price increases to $15, the firm (described in the attached chart) will:

    a) shutdown
    b) earn economic profits
    c) produce more than 10 units of output
    d) produce less than 10 units of output
    e) both b and c are correct

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    https://brainmass.com/economics/output-and-costs/market-price-increases-20244

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    In a competitive market, if the price is $15, the marginal ...

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    The solution answers the question(s) below.

    $2.19

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