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Mikail's Perfectly Competitive Camera Memory Card-Producing Factory Is Making Positive

Question 46

Multiple Choice

Mikail's perfectly competitive camera memory card-producing factory is making positive economic profits. If the price of memory cards is $9, if Mikail's output is 3,000 cards a month, and if his monthly average total cost is $7, what are his monthly profits?


A) $6,000
B) $27,000
C) $21,000
D) $2

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