Need economics help with economic profit

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Economics

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the marginal cost is 

1  (120-70)/1 =50/1 = 50

2  (150-70)/2 = 40 

3   (190-70)/3= 40

4  (240-70)/4 = 42.5

5   (300-70)/5 = 46

sell 4 portrait per hour

the total cost is 240, total revenue is 180 

he lose 60 per hour. 

 


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