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    Exam 12: Perfect Competition
  5. Question
    -In the Above Table, If the Firm Produces 2 Units
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-In the Above Table, If the Firm Produces 2 Units

Question 95

Question 95

Multiple Choice

  -In the above table, if the firm produces 2 units of output, it will A)  make an economic profit of $9. B)  make an economic profit of $60. C)  incur an economic loss of $9. D)  incur an economic loss of $60.
-In the above table, if the firm produces 2 units of output, it will


A) make an economic profit of $9.
B) make an economic profit of $60.
C) incur an economic loss of $9.
D) incur an economic loss of $60.

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