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Marginal Cost of Production

Question 21

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Marginal Cost of Production

The following questions refer to the following table which shows a firm's marginal cost of production.
Marginal Cost of Production The following questions refer to the following table which shows a firm's marginal cost of production. -Refer to Marginal Cost of Production.Suppose the firm's fixed costs increase to $100,and demand for the firm's product remains horizontal at a price of $24 per unit.What is the firm's maximum profit? A) $-9. B) $ 9. C) $68. D) $71.
-Refer to Marginal Cost of Production.Suppose the firm's fixed costs increase to $100,and demand for the firm's product remains horizontal at a price of $24 per unit.What is the firm's maximum profit?


A) $-9.
B) $ 9.
C) $68.
D) $71.

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