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Business, 24.06.2019 23:10 leo4687

Suppose the market for relay switches is considered perfectly competitive and is in equilibrium at a price of $5,000 per pallet of relay switches. callahan relay produces relay switches at an average total cost given by atc = q + 1,500,000/q and marginal cost given by mc = 2q, where q measures pallets of relay switches. if callahan relay maximizes profit, how much profit will it earn?

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Suppose the market for relay switches is considered perfectly competitive and is in equilibrium at a...

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