Multiple Choice
The Wax Works sells 500 candles at a price of $10 per candle. The Wax Worksʹ total economic costs for producing 500 candles are $2,000. The Wax Worksʹ economic profit is
A) $2,000.
B) $3,000.
C) $5,000.
D) indeterminate from this information.
Correct Answer:
Verified
Correct Answer:
Verified
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