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Given the Data Shown in the Table, What Price and Output

Question 195

Multiple Choice

Given the data shown in the table, what price and output level would a profit-maximizing price searcher choose? Given the data shown in the table, what price and output level would a profit-maximizing price searcher choose? A) price of $8, output of 3 units B) price of $7, output of 4 units C) price of $6, output of 5 units D) price of $5, output of 6 units


A) price of $8, output of 3 units
B) price of $7, output of 4 units
C) price of $6, output of 5 units
D) price of $5, output of 6 units

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