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    Principles of Microeconomics Study Set 8
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    Exam 6: Efficiency and Exchange
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    -Refer to the Graph Above
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-Refer to the Graph Above

Question 6

Question 6

Multiple Choice

  -Refer to the graph above.If a firm was originally producing on SATC3 but now desires to reduce its output to 600 units,in the short run it will use the plant size represented by A)  SATC1. B)  SATC2. C)  SATC3. D)  SATC4. E)  SATC2 and SATC3.
-Refer to the graph above.If a firm was originally producing on SATC3 but now desires to reduce its output to 600 units,in the short run it will use the plant size represented by


A) SATC1.
B) SATC2.
C) SATC3.
D) SATC4.
E) SATC2 and SATC3.

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