Use the following data to calculate Diane's AMTI.
Definitions:
Marginal Cost
The increase in total cost that arises from producing one additional unit of a product or service.
Profit Maximized
The point at which a firm achieves the highest profit possible, considering the level of output and cost of production.
Competitive Price-Taker
An entity in a market that has no control over the prices at which its products are sold, typically due to intense competition and product uniformity.
Marginal Cost
The cost of producing one additional unit of a product.
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