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    Exam 10: Pure Competition in the Short Run
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    Refer to the Data in the Accompanying Table
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Refer to the Data in the Accompanying Table

Question 281

Question 281

Multiple Choice

  Refer to the data in the accompanying table. If the firm's minimum average variable cost is $11, the firm's profit-maximizing level of output would be A) 0. B) 5. C) 4. D) 3. Refer to the data in the accompanying table. If the firm's minimum average variable cost is $11, the firm's profit-maximizing level of output would be


A) 0.
B) 5.
C) 4.
D) 3.

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