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    Exam 9: Price Takers and the Competitive Process
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    Use the Figure to Answer the Following Question(s)
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Use the Figure to Answer the Following Question(s)

Question 107

Question 107

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-3 Use the figure to answer the following question(s) . Figure 9-3   -Figure 9-3 depicts the cost curves of a firm in a price-taker industry. At what output would the firm's per-unit cost be at a minimum? A)  100 B)  125 C)  150 D)  an output greater than 150
-Figure 9-3 depicts the cost curves of a firm in a price-taker industry. At what output would the firm's per-unit cost be at a minimum?


A) 100
B) 125
C) 150
D) an output greater than 150

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