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Question 91

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Use the following to answer questions: Use the following to answer questions:   -(Table: Total Cost and Output)  Look at the table Total Cost and Output, which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm. What is the minimum price that Sergei needs to receive for a tub of ice cream to stay in business in the short run? A)  $10.00 B)  $20.00 C)  $33.33 D)  $36.67
-(Table: Total Cost and Output) Look at the table Total Cost and Output, which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm. What is the minimum price that Sergei needs to receive for a tub of ice cream to stay in business in the short run?


A) $10.00
B) $20.00
C) $33.33
D) $36.67

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