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The Graph Below Shows Demand and Marginal Cost for a Perfectly

Question 20

Multiple Choice

The graph below shows demand and marginal cost for a perfectly competitive firm.If the firm is producing 300 units of output,decreasing output by one unit would ______ the firm's profit by $______. The graph below shows demand and marginal cost for a perfectly competitive firm.If the firm is producing 300 units of output,decreasing output by one unit would ______ the firm's profit by $______. A) decrease,$2 B) increase,$2 C) increase,$3 D) decrease,$5 E) increase,$5


A) decrease,$2
B) increase,$2
C) increase,$3
D) decrease,$5
E) increase,$5

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