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The Graph Above Shows Cost Curves for a Perfectly Competitive

Question 37

Multiple Choice

The graph above shows cost curves for a perfectly competitive firm.If market price is $2,how much profit will the firm earn? A) $600 B) -$600 C) zero D) $400 The graph above shows cost curves for a perfectly competitive firm.If market price is $2,how much profit will the firm earn?


A) $600
B) -$600
C) zero
D) $400

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