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(Figure: Profits) Refer to the Figure

Question 50

Multiple Choice

(Figure: Profits) Refer to the figure. How much profit is the firm making at the profit maximizing quantity? (Figure: Profits) Refer to the figure. How much profit is the firm making at the profit maximizing quantity? A) a profit of $300 B) a profit of $70 C) The firm is not making a profit-it is making a loss of $300. D) The firm is not making a profit-it is making a loss of $70.


A) a profit of $300
B) a profit of $70
C) The firm is not making a profit-it is making a loss of $300.
D) The firm is not making a profit-it is making a loss of $70.

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