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Refer to the Information Provided in Figure 9

Question 265

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Refer to the information provided in Figure 9.2 below to answer the question(s) that follow. Refer to the information provided in Figure 9.2 below to answer the question(s)  that follow.   Figure 9.2 -Refer to Figure 9.2. If demand for wheat is D<sub>3</sub>, then a profit-maximizing firm will produce ________ units and earn ________. A)  15; positive profits B)  9; positive profits C)  12; negative profits D)  13; exactly a normal return Figure 9.2
-Refer to Figure 9.2. If demand for wheat is D3, then a profit-maximizing firm will produce ________ units and earn ________.


A) 15; positive profits
B) 9; positive profits
C) 12; negative profits
D) 13; exactly a normal return

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