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The Above Graph Shows the Demand and Cost Conditions Facing

Question 10

Multiple Choice

The above graph shows the demand and cost conditions facing a price-setting firm. The firm will produce _____ units of output and charge a price of _____. A) 40,$8 B) 50,$9 C) 60,$10 D) 50,$6 E) none of the above The above graph shows the demand and cost conditions facing a price-setting firm. The firm will produce _____ units of output and charge a price of _____.


A) 40,$8
B) 50,$9
C) 60,$10
D) 50,$6
E) none of the above

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