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Consider the Following Short- Run Cost Curves for a Profit-

Question 29

Multiple Choice

Consider the following short- run cost curves for a profit- maximizing firm in a perfectly competitive industry.
Consider the following short- run cost curves for a profit- maximizing firm in a perfectly competitive industry. FIGURE 9- 2 -Refer to Figure 9- 2.If the market price is $1,the firm will produce _ _ units of output in the short run. A) 100 B) 0 C) 400 D) 200 E) 300 FIGURE 9- 2
-Refer to Figure 9- 2.If the market price is $1,the firm will produce _ _ units of output in the short run.


A) 100
B) 0
C) 400
D) 200
E) 300

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