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Exhibit 8-14 Total Cost and Total Revenue Curves

Question 151

Multiple Choice

Exhibit 8-14 Total cost and total revenue curves Exhibit 8-14 Total cost and total revenue curves   -If the firm in Exhibit 8-14 minimizes its loss at 200 units of output, marginal cost is: A)  $75 per unit. B)  equal to marginal revenue. C)  $100 per unit. D)  $175 per unit.
-If the firm in Exhibit 8-14 minimizes its loss at 200 units of output, marginal cost is:


A) $75 per unit.
B) equal to marginal revenue.
C) $100 per unit.
D) $175 per unit.

Correct Answer:

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