Use the following to answer questions :
Figure: The Profit-Maximizing Output and Price
-(Figure: The Profit-Maximizing Output and Price) Use Figure: The Profit-Maximizing Output and Price.Assume that there are no fixed costs and AC = MC =
A) $0.
B) $600.
C) $1 000.
D) $1 600.
Correct Answer:
Verified
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