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Refer to the Information Provided in Figure 15

Question 107

Multiple Choice

Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm. Refer to the information provided in Figure 15.1 below to answer the question(s)  that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm.   Figure 15.1 -Refer to Figure 15.1. If Dom's maximizes profits, its ________ is $240. A)  total revenue B)  total cost C)  profit D)  marginal revenue Figure 15.1
-Refer to Figure 15.1. If Dom's maximizes profits, its ________ is $240.


A) total revenue
B) total cost
C) profit
D) marginal revenue

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