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Refer to the Figure Below

Question 92

Multiple Choice

Refer to the figure below. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 25 cents, then at this firm's profit maximizing level of output, the firm will earn an economic ______ of ______ per day. Refer to the figure below. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 25 cents, then at this firm's profit maximizing level of output, the firm will earn an economic ______ of ______ per day.   rev: 08_28_2015_QC_CS-20888 A) profit; $80 B) profit; $8 C) loss; $10 D) loss; $80 rev: 08_28_2015_QC_CS-20888


A) profit; $80
B) profit; $8
C) loss; $10
D) loss; $80

Correct Answer:

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