-What can be said about the firm shown in Figure 8-2?
A) the firm faces a perfectly elastic demand curve
B) the firm will maximize profits at the point where the TR and TC curves intersect
C) if price rises,the TC curve will shift upward
D) if fixed costs rise,the TR curve will pivot upward
E) the firm faces a downward-sloping demand curve
Correct Answer:
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A)can be read off
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Q39: Under the total revenue and total cost
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Q43: 
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