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Use the Following to Answer Question(s)

Question 68

Multiple Choice

Use the following to answer question(s) :
Exhibit: Marginal Decision Rule
Use the following to answer question(s) :  Exhibit: Marginal Decision Rule    -(Exhibit: Marginal Decision Rule)  Economic profit: A)  exists between q<sub>1</sub> and q<sub>2</sub>. B)  exists between the origin and q<sub>1</sub>. C)  exists as a maximum at q<sub>1</sub>. D)  cannot be determined based on information provided.
-(Exhibit: Marginal Decision Rule) Economic profit:


A) exists between q1 and q2.
B) exists between the origin and q1.
C) exists as a maximum at q1.
D) cannot be determined based on information provided.

Correct Answer:

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