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    Principles of Economics Study Set 12
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    Exam 7: The Efficiency of Markets
  5. Question
    Exhibit 7-1 -Refer to Exhibit 7-1. Total Output in the Market Is
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Exhibit 7-1 -Refer to Exhibit 7-1. Total Output in the Market Is

Question 89

Question 89

Multiple Choice

Exhibit 7-1 Exhibit 7-1   -Refer to Exhibit 7-1. Total output in the market is 6 units. To achieve efficiency, Firm B should produce A) 1 unit. B) 3 units. C) 4 units. D) 5 units. E) 6 units.
-Refer to Exhibit 7-1. Total output in the market is 6 units. To achieve efficiency, Firm B should produce


A) 1 unit.
B) 3 units.
C) 4 units.
D) 5 units.
E) 6 units.

Correct Answer:

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