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Use the Following to Answer Question(s)

Question 260

Multiple Choice

Use the following to answer question(s) :
Exhibit: Total Revenue, Total Cost, and Economic Profit
Use the following to answer question(s) :  Exhibit: Total Revenue, Total Cost, and Economic Profit    -(Exhibit: Total Revenue, Total Costs, and Economic Profit)  At zero level of output, total costs are ________ and total revenue is _______ . A)  0; 0 B)  300; 0 C)  800; 300 D)  0; 300
-(Exhibit: Total Revenue, Total Costs, and Economic Profit) At zero level of output, total costs are ________ and total revenue is _______ .


A) 0; 0
B) 300; 0
C) 800; 300
D) 0; 300

Correct Answer:

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