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Refer to the Above Table

Question 51

Multiple Choice

Refer to the above table.When the firm produces three units of output,it makes an economic: A) profit of $3. B) loss of $3. C) profit of $9. D) loss of $9. At three units of output,total revenue is $120,whereas total cost is $117.This leaves a $3 profit. Refer to the above table.When the firm produces three units of output,it makes an economic:


A) profit of $3.
B) loss of $3.
C) profit of $9.
D) loss of $9.
At three units of output,total revenue is $120,whereas total cost is $117.This leaves a $3 profit.

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