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    Economics Study Set 10
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    Exam 22: Perfect Competition
  5. Question
    Exhibit 22-8 ​
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Exhibit 22-8 ​

Question 19

Question 19

Multiple Choice

Exhibit 22-8
​
Exhibit 22-8 ​    -Refer to Exhibit 22-8. What is the total variable cost of firm A at the profit-maximizing (or loss-minimizing)  level of production? A) $300 B) $700 C) $1,000 D) $400
-Refer to Exhibit 22-8. What is the total variable cost of firm A at the profit-maximizing (or loss-minimizing) level of production?


A) $300
B) $700
C) $1,000
D) $400

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