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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 49

Question 49

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, how much economic profit does the firm make? A)  $0 B)  $12 C)  -$20 D)  -$10
-Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $20, how much economic profit does the firm make?


A) $0
B) $12
C) -$20
D) -$10

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