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Figure 12-1 -Refer to Figure 12-3.If the Firm Is Charging a Price

Question 41

Multiple Choice

Figure 12-1
Figure 12-1 -Refer to Figure 12-3.If the firm is charging a price of $12 per unit A) it breaks even. B) it is making a profit. C) it is selling 700 units. D) it is not selling any output.
-Refer to Figure 12-3.If the firm is charging a price of $12 per unit


A) it breaks even.
B) it is making a profit.
C) it is selling 700 units.
D) it is not selling any output.

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