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Exhibit 7-6 -According to Exhibit 7-6,if MR = $20,the Result for a $20,the

Question 66

Multiple Choice

Exhibit 7-6
Exhibit 7-6 -According to Exhibit 7-6,if MR = $20,the result for a perfectly competitive firm will be: A) making a short-run profit. B) making a short-run loss of $10 per unit. C) making a short-run loss. D) making a short-run loss of $5 E) unclear as there is not enough information.
-According to Exhibit 7-6,if MR = $20,the result for a perfectly competitive firm will be:


A) making a short-run profit.
B) making a short-run loss of $10 per unit.
C) making a short-run loss.
D) making a short-run loss of $5
E) unclear as there is not enough information.

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