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Use the Following to Answer Question(s)

Question 67

Multiple Choice

Use the following to answer question(s) :
Exhibit: Total Revenue, Total Cost, and Economic Profit
Use the following to answer question(s) :  Exhibit: Total Revenue, Total Cost, and Economic Profit    -(Exhibit: Total Revenue, Total Costs, and Economic Profit)  As output exceeds approximately ________ pounds, economic profits _______ as long as _______ rise faster than _______ . A)  8,300; fall; revenues; costs B)  4,300; increase; revenues; costs C)  8,300; rise; costs; revenues D)  4,300; decrease; revenues; costs
-(Exhibit: Total Revenue, Total Costs, and Economic Profit) As output exceeds approximately ________ pounds, economic profits _______ as long as _______ rise faster than _______ .


A) 8,300; fall; revenues; costs
B) 4,300; increase; revenues; costs
C) 8,300; rise; costs; revenues
D) 4,300; decrease; revenues; costs

Correct Answer:

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