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Right Panel: the Market: a Shift of Short-Run Supply in Response

Question 8

Multiple Choice

Right Panel: The market: a shift of short-run supply in response to an increase in demand. Right Panel: The market: a shift of short-run supply in response to an increase in demand. -Refer to the diagrams above.If the market demand for wheat and the market supply of wheat are represented by D and SRS,respectively,the total costs of the firm at the profit-maximizing output are equal to A) $1.10. B) $1.20. C) $11. D) $11,000. E) 10,000 bushels.
-Refer to the diagrams above.If the market demand for wheat and the market supply of wheat are represented by D and SRS,respectively,the total costs of the firm at the profit-maximizing output are equal to


A) $1.10.
B) $1.20.
C) $11.
D) $11,000.
E) 10,000 bushels.

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