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You are a consultant working with a movie theatre. You have drawn cost curves for the...

You are a consultant working with a movie theatre. You have drawn cost curves for the theatre showing movies in a competitive market. Show in a diagram the theatre maximizing its profits at a point z. when the ticket price of movies is $10. If the firm sells 100 tickets at this price and makes a profit of $500, what is the average cost per movie ticket and what is the marginal cost per movie ticket? Show and explain
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