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    Exam 9: Price Takers and the Competitive Process
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    Use the Figure to Answer the Following Question(s)
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Use the Figure to Answer the Following Question(s)

Question 27

Question 27

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-6
Use the figure to answer the following question(s) . Figure 9-6   When the market price in Figure 9-6 is $20, the firm's maximum profit will be approximately A)  zero. B)  $3. C)  $60. D)  $400.
When the market price in Figure 9-6 is $20, the firm's maximum profit will be approximately


A) zero.
B) $3.
C) $60.
D) $400.

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