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(Solved): 3. Profit maximization using total cost and total revenue curves Suppose Deborah runs a small busin ...
3. Profit maximization using total cost and total revenue curves Suppose Deborah runs a small business that manufactures teddy bears. Assume that the market for teddy bears is a competitive market, and the market price is \( \$ 25 \) per tedify bear. The following oraph-shows Deborahis total cost ourve. Use the blue points (circle symbol) to plot total revenue and the orean points (criangle symbol) to plot provit for terddy bears ciantities zero through seven (inclusive) that Deborah produces.
which lis Witith is than fre price Debsian receves for esch