How many bricks should the firm produce today

Reference no: EM13222551

Yesterday, a perfectly competitive producer of construction bricks manufactured and sold 10,000 bricks per week at a market price that was just equal to the minimum average variable cost of producing each brick. Today, all the firm's costs are the same,but the market price of bricks has declined. To maximize economic profits today, how many bricks should this firm produce today?

Reference no: EM13222551

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