The accompanying table shows cost data for a firm that is selling in a purely competitive market. The firm will produce its output only if the price is at least equal to what minimum level?
Definitions:
Over-the-counter Products
Medications or goods that can be purchased without a prescription, directly from a retailer.
Walgreens
An American company that operates as the second-largest pharmacy store chain in the United States, offering health and wellness products, prescriptions, and healthcare services.
CVS
An American retail corporation that operates a chain of pharmacies and convenience stores.
Buyer's Desire
The specific needs or wants that potential customers have, which directly influence their purchasing decisions.
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