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    Exam 12: Perfect Competition
  5. Question
    -Giuseppe's Pizza Is a Perfectly Competitive Firm
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-Giuseppe's Pizza Is a Perfectly Competitive Firm

Question 233

Question 233

Multiple Choice

  -Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $20, what is Giuseppe's profit-maximizing output? A)  2 pizzas per hour B)  3 pizzas per hour C)  4 pizzas per hour D)  0 pizzas per hour
-Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $20, what is Giuseppe's profit-maximizing output?


A) 2 pizzas per hour
B) 3 pizzas per hour
C) 4 pizzas per hour
D) 0 pizzas per hour

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