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