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.(TCO C) Answer the nextquestion on the basis of the following cost data for a p

March 18th, 2019 admin

.(TCO C) Answer the nextquestion on the basis of the following cost data for a purelycompetitive seller: TotalProductTFCTVC0$150 $01150 702150 1203150 150415022051503006150390Refer to the above data. If the product price is$95 at itsoptimal outputwill the firm realize an economic profitbreak even or incur an economic loss? How much will the profit orloss be?Show all calculations.(Points :10)

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