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-The Figure Above Shows Depicts the Marginal Revenue and Costs

Question 298

Multiple Choice

  -The figure above shows depicts the marginal revenue and costs of a perfectly competitive firm. When 170 units are produced, the firm A)  would definitely shut down. B)  would incur an economic loss. C)  would increase its price. D)  has total costs less than $2,720.
-The figure above shows depicts the marginal revenue and costs of a perfectly competitive firm. When 170 units are produced, the firm


A) would definitely shut down.
B) would incur an economic loss.
C) would increase its price.
D) has total costs less than $2,720.

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