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The Oh So Humble Bakery Sells 300 Muffins at a Price

Question 87

Multiple Choice

The Oh So Humble Bakery sells 300 muffins at a price of $1 per muffin. Its explicit costs for producing 300 muffins are $250. The Oh So Humble Bakery's economic profits are


A) $35.
B) $50.
C) $250.
D) indeterminate from this information.

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