Refer to Table 11.2.5, which shows the total cost schedule of a perfectl...

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Table 11.2.5

Refer to Table 11.2.5, which shows the total cost schedule of a perfectly competitive firm called Archibald's Tattoos. What is the market price at Archibald's shutdown point?

$10.00 a tattoo

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$13.33 a tattoo

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$17.00 a tattoo

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$15.00 a tattoo

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$12.50 a tattoo

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