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The Graph Above Shows Cost Curves for a Perfectly Competitive

Question 21

Multiple Choice

The graph above shows cost curves for a perfectly competitive firm.If market price is $3,how much profit will the firm earn? A) $200 B) -$200 C) $400 D) -$400 The graph above shows cost curves for a perfectly competitive firm.If market price is $3,how much profit will the firm earn?


A) $200
B) -$200
C) $400
D) -$400

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