Refer to the following figure:
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
Correct Answer:
Verified
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Columns 1 and
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