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Mikail's Perfectly Competitive Camera Memory Card-Producing Factory Is Making Positive

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Mikail's perfectly competitive camera memory card-producing factory is making positive economic profits.If the price of memory cards is $9,Mikail's output is 3,000 cards a month,and his monthly average total cost is $7,what are his monthly profits?


Definitions:

Transformation Inputs

The resources, materials, or efforts that are converted or transformed through processes to produce outputs in various contexts such as manufacturing, service delivery, or organizational change.

Outputs

The results or products that emerge from processes within organizations or systems.

Adhocracy

An organizational structure that is flexible, non-hierarchical, and adaptable, often employed in innovative and creative environments.

Interdisciplinary Experts

Specialists who integrate knowledge and methodologies from multiple disciplines to tackle complex problems or projects.

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