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Use the Figure to Answer the Following Question(s)

Question 128

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Use the figure to answer the following question(s) .
Figure 9-3 Use the figure to answer the following question(s) . Figure 9-3   -For Figure 9-3, if the market price is $30, indicate the firm's profit-maximizing output and maximum profit. A)  profit-maximizing output, 125; maximum profit, zero B)  profit-maximizing output, 125; maximum profit, between $1,000 and $1,250 C)  profit-maximizing output, 150; maximum profit, $1,500 D)  profit-maximizing output, 150; maximum profit, between $1,250 and $1,500
-For Figure 9-3, if the market price is $30, indicate the firm's profit-maximizing output and maximum profit.


A) profit-maximizing output, 125; maximum profit, zero
B) profit-maximizing output, 125; maximum profit, between $1,000 and $1,250
C) profit-maximizing output, 150; maximum profit, $1,500
D) profit-maximizing output, 150; maximum profit, between $1,250 and $1,500

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