Essay
The profit earned by a producer to manufacture and sell units of a good is given by . The average profit for units is given
by .
A) Compute .
B) Interpret the economic significance of the values in part (A).
C) What trend do you notice in the values of as gets large? Explain this trend in economic terms.
Correct Answer:

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A) 
B)
means that the company makes
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Correct Answer:
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B)
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