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-The Table Above Gives the Total Revenue and Total Cost

Question 142

Multiple Choice

-The table above gives the total revenue and total cost for a perfectly competitive firm producing chocolate chip cookies. If the firm is producing 4 pounds of cookies, to maximize its profit it will A) increase its output. B) decrease its output. C) continue producing 4 pounds of cookies. D) shut down.
-The table above gives the total revenue and total cost for a perfectly competitive firm producing chocolate chip cookies. If the firm is producing 4 pounds of cookies, to maximize its profit it will


A) increase its output.
B) decrease its output.
C) continue producing 4 pounds of cookies.
D) shut down.

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