Ajax is a competitive firm operating under the following
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Ajax is a competitive firm operating under the following conditions: Price of output is $5, the profit-maximizing level
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Ajax is a competitive firm operating under the following conditions: Price of output is $5, the profit-maximizing level of output is 20,000 units of output, and the total cost (full economic cost) of producing 20,000 units is $120,000. The firm
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