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    Exam 9: Perfect Competition
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    Exhibit 22-8 ​ Refer to Exhibit 22-8. What Is the Total Revenue of the Total
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Exhibit 22-8 ​ Refer to Exhibit 22-8. What Is the Total Revenue of the Total

Question 12

Question 12

Multiple Choice

Exhibit 22-8 ​
Exhibit 22-8 ​   Refer to Exhibit 22-8. What is the total revenue of firm B at profit-maximizing (or loss-minimizing) level of output? A) $300 B) $700 C) $1,050 D) $400
Refer to Exhibit 22-8. What is the total revenue of firm B at profit-maximizing (or loss-minimizing) level of output?


A) $300
B) $700
C) $1,050
D) $400

Correct Answer:

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