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Q: marginal profit is $30 and marginal revenue is $84 Calculate marginal cost
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- Suppose a resturant in a city making above normal profit in the short run. How will the market behave inthe long run? Can the said restuarant continue to make above normal profit in the long run too. explain using illustrationPlease explain how to calculate the profit calculationfor this graph answer the following question what is the total revenue? what is the total profit? what is the maximun point?
