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If Tesla is thinking about building a new factory, it is making a Multiple Choice...

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Accounting

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If Tesla is thinking about building a new factory, it is making a Multiple Choice Short-run decision that will definitely enhance its profit. Long-run decision that may enhance its profit. Short-run decision that may enhance its profit. Long-run decision that will definitely enhance its profit. Complete the following table for a perfectly competitive firm and assume the firm can only produce in 5-unit increments ().e., 5, 10, 15, 20, or 25 units) Instructions: Round your responses to two decimal places. Output Marginal Cost Average Average Total Cost Variable Cost Total Cost $30 60 0 5 10 80 15 20 25 120 190 280 Instructions: Enter your responses as a whole number. If you are entering any negative numbers be sure to include a negative sign (1) in front of those numbers. a. If the price is $15, how much output will the firm supply? (Use the profit-maximization rule and enter the quantity in the discrete 5- unit increment as shown in the table.) units b. How much profit or loss will it make? $ c. The firm will shut down if the price falls below which price? (Click to select)

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