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Average Total Costs (ATC)
This is total cost per unit of output, obtained by dividing total cost by total output i.e.
ATC = Total Cost
Total Output
Two competing firms are each planning to introduce a new product. Firm 1 will decide whether to produce product A, product B or product C, while firm 2 can choose between products
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Hi Could you please help me with " Ramsey pricing in detail " as I have an assignment.
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