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-The Table Above Provides Cost Data for a Perfectly Competitive

Question 141

Multiple Choice

-The table above provides cost data for a perfectly competitive firm producing toy cars. The firm is producing non-divisible goods. If the market price is $70 and the firm is a profit maximizer, the firm can earn a maximum economic profit of A) a loss of $500. B) a loss of $10. C) a loss of $510. D) $210.
-The table above provides cost data for a perfectly competitive firm producing toy cars. The firm is producing non-divisible goods. If the market price is $70 and the firm is a profit maximizer, the firm can earn a maximum economic profit of


A) a loss of $500.
B) a loss of $10.
C) a loss of $510.
D) $210.

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