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-Figure 9-4 Shows Marginal Cost for a Firm in a Perfectly

Question 74

Multiple Choice

-Figure 9-4 shows marginal cost for a firm in a perfectly competitive market.Suppose that the market price is $20.What is the profit-maximizing level of output? A) 0 B) 1 C) 4 D) 5 E) 6
-Figure 9-4 shows marginal cost for a firm in a perfectly competitive market.Suppose that the market price is $20.What is the profit-maximizing level of output?


A) 0
B) 1
C) 4
D) 5
E) 6

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