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    Exam 12: Perfect Competition
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    -Based on the Table Above Which Shows Chip's Costs, If
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-Based on the Table Above Which Shows Chip's Costs, If

Question 111

Question 111

Multiple Choice

  -Based on the table above which shows Chip's costs, if rice sells for $600 a ton, Chip's profit-maximizing output is A)  less than one ton. B)  between two and three tons. C)  between three and four tons. D)  between one and two tons.
-Based on the table above which shows Chip's costs, if rice sells for $600 a ton, Chip's profit-maximizing output is


A) less than one ton.
B) between two and three tons.
C) between three and four tons.
D) between one and two tons.

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