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Question 76

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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. Which of the following is a point on Sergei's short-run supply curve? A) P = $10; Q = 0 B) P = $20; Q = 2 C) P = $110; Q = 3 D) P = $75; Q = 5
-(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. Which of the following is a point on Sergei's short-run supply curve?


A) P = $10; Q = 0
B) P = $20; Q = 2
C) P = $110; Q = 3
D) P = $75; Q = 5

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