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-Refer to Figure 8-4

Question 96

Multiple Choice

-Refer to Figure 8-4. If the market price is $30 and the firm is producing output, what is the amount of the firm's profit or loss? A) loss of $1080 B) profit of $1440 C) loss of $2520 D) profit of $1300
-Refer to Figure 8-4. If the market price is $30 and the firm is producing output, what is the amount of the firm's profit or loss?


A) loss of $1080
B) profit of $1440
C) loss of $2520
D) profit of $1300

Correct Answer:

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