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    Economics Principles and Policy Study Set 2
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    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
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    When a Firm's Fixed Cost Rises, Its Total Profit Curve
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When a Firm's Fixed Cost Rises, Its Total Profit Curve

Question 7

Question 7

Multiple Choice

When a firm's fixed cost rises, its total profit curve shifts


A) up at every output level.
B) down at every output level.
C) left at every profit level.
D) right at every profit level.

Correct Answer:

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