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Question 254

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Use the following to answer questions: Use the following to answer questions:   -(Table: Total Cost for a Perfectly Competitive Firm)  Look at the table Total Cost for a Perfectly Competitive Firm. If the market price is $3.50, the profit-maximizing output is _____ units. A)  5 B)  7 C)  8 D)  9
-(Table: Total Cost for a Perfectly Competitive Firm) Look at the table Total Cost for a Perfectly Competitive Firm. If the market price is $3.50, the profit-maximizing output is _____ units.


A) 5
B) 7
C) 8
D) 9

Correct Answer:

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