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    Exam 12: Perfect Competition and the Supply Curve
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 260

Question 260

Multiple Choice

Use the following to answer questions: Use the following to answer questions:   -(Table: Soybean Cost)  Look at the table Soybean Cost. If the market price of a bushel of soybeans is $15, how many bushels will the farmer produce to maximize short-run profit? A)  2 B)  5 C)  3 D)  7
-(Table: Soybean Cost) Look at the table Soybean Cost. If the market price of a bushel of soybeans is $15, how many bushels will the farmer produce to maximize short-run profit?


A) 2
B) 5
C) 3
D) 7

Correct Answer:

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