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    Microeconomics Study Set 23
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    Exam 8: Profit Maximization and Competitive Supply
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    Figure 8.4.2 -Refer to Figure 8.4.2 Above. When the Farmer's Profit Is
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Figure 8.4.2 -Refer to Figure 8.4.2 Above. When the Farmer's Profit Is

Question 111

Question 111

Multiple Choice

  Figure 8.4.2 -Refer to Figure 8.4.2 above. When the farmer's profit is maximized, total cost equals: A)  $1.624 B)  $3.696 C)  $.6226 D)  $264 Figure 8.4.2
-Refer to Figure 8.4.2 above. When the farmer's profit is maximized, total cost equals:


A) $1.624
B) $3.696
C) $.6226
D) $264

Correct Answer:

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