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  • Card 21 / 28:
    Look at . What would happen to the firm’s profits if the market price increases to $6 per pack of raspberries?

    Holding total cost constant, profits at every output level would increase.

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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