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The Table Shows the Total Costs for a Purely Competitive

Question 18

Multiple Choice

The table shows the total costs for a purely competitive firm. If the product sells for $600 a unit, the firm's short run profit-maximizing (or loss-minimizing) output is A) 3. B) 0. C) 1. D) 4. The table shows the total costs for a purely competitive firm. If the product sells for $600 a unit, the firm's short run profit-maximizing (or loss-minimizing) output is


A) 3.
B) 0.
C) 1.
D) 4.

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