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Figure 8-4 -In Figure 8-4 at Output Level 2

Question 67

Multiple Choice

Figure 8-4 Figure 8-4 -In Figure 8-4 at output level 2, A) MR > MC. B) the slope of the total profit curve is negative. C) there are negative profits. D) marginal revenue is rising compared to output.
-In Figure 8-4 at output level 2,


A) MR > MC.
B) the slope of the total profit curve is negative.
C) there are negative profits.
D) marginal revenue is rising compared to output.

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