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With the Total Cost and Total Revenue Curves, We Measure

Question 24

Multiple Choice

With the total cost and total revenue curves, we measure economic profit by the ________ between the two curves.With the per-unit curves, we measure economic profit by a(n) _______.


A) vertical distance, horizontal distance
B) vertical distance, area
C) area, area
D) area, vertical distance
E) horizontal distance, area

Correct Answer:

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