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Exhibit 8-5 -Consider Exhibit 8-5. If the Market Price Is $21, This

Question 61

Multiple Choice

Exhibit 8-5
Exhibit 8-5 -Consider Exhibit 8-5. If the market price is $21, this perfectly competitive firm will A) earn a profit of $3.00 B) earn a profit of $2 C) earn a profit of $1 D) suffer a loss of $10 E) break even
-Consider Exhibit 8-5. If the market price is $21, this perfectly competitive firm will


A) earn a profit of $3.00
B) earn a profit of $2
C) earn a profit of $1
D) suffer a loss of $10
E) break even

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