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FIGURE 11- 2

Question 99

Multiple Choice

FIGURE 11- 2 FIGURE 11- 2   -Refer to Figure 11- 2.In diagram B,at the short- run profit- maximizing position,the firm A) is making profits. B) should be shut down. C) should increase output. D) should raise its price. E) is losing money.
-Refer to Figure 11- 2.In diagram B,at the short- run profit- maximizing position,the firm


A) is making profits.
B) should be shut down.
C) should increase output.
D) should raise its price.
E) is losing money.

Correct Answer:

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