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    Exam 12: Perfect Competition
  5. Question
    -In the Above Figure, at a Price of $6, a Perfectly
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-In the Above Figure, at a Price of $6, a Perfectly

Question 289

Question 289

Multiple Choice

  -In the above figure, at a price of $6, a perfectly competitive firm produces ________ and it ________. A)  some output; incurs an economic loss B)  0; incurs an economic loss C)  0; does not incur an economic loss or make an economic profit D)  0; makes an economic profit
-In the above figure, at a price of $6, a perfectly competitive firm produces ________ and it ________.


A) some output; incurs an economic loss
B) 0; incurs an economic loss
C) 0; does not incur an economic loss or make an economic profit
D) 0; makes an economic profit

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