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The Table Given Below Shows the Total Revenue and Total

Question 26

Multiple Choice

The table given below shows the total revenue and total cost of a firm at different levels of output. Table 9.2
The table given below shows the total revenue and total cost of a firm at different levels of output. Table 9.2 Consider the perfectly competitive firm described in Table 9.2.How much profit will the firm make if it is a profit maximizer? A) $20 B) $45 C) $46 D) $80 E) $50 Consider the perfectly competitive firm described in Table 9.2.How much profit will the firm make if it is a profit maximizer?


A) $20
B) $45
C) $46
D) $80
E) $50

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