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-The Figure Above Shows the Marginal Revenue and Costs of a Perfectly

Question 281

Multiple Choice

  -The figure above shows the marginal revenue and costs of a perfectly competitive firm. When 170 units are produced, the A)  firm has total revenue of $2,720. B)  firm's total costs are less than $2,720. C)  firm is making an economic profit. D)  All of the above are true.
-The figure above shows the marginal revenue and costs of a perfectly competitive firm. When 170 units are produced, the


A) firm has total revenue of $2,720.
B) firm's total costs are less than $2,720.
C) firm is making an economic profit.
D) All of the above are true.

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