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-Refer to the Graph Above

Question 123

Multiple Choice

-Refer to the graph above.The __________ at the level of output which maximized total economic surplus will be __________ at the profit maximizing level of output. A) loss;smaller than B) profit;smaller than C) loss;larger than D) profit;larger than E) loss;the same as
-Refer to the graph above.The __________ at the level of output which maximized total economic surplus will be __________ at the profit maximizing level of output.


A) loss;smaller than
B) profit;smaller than
C) loss;larger than
D) profit;larger than
E) loss;the same as

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