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Question 56

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Use the following to answer questions below
Use the following to answer questions below -Refer to the graph of unit cost curves 2. If the market price is 70, then a profit-maximizing competitive firm with these short-run unit cost curves A) will earn an economic profit equal to $40. B) will earn an economic profit equal to $30. C) will earn an economic profit equal to $210. D) will earn an economic profit equal to $280.
-Refer to the graph of unit cost curves 2. If the market price is 70, then a profit-maximizing competitive firm with these short-run unit cost curves
Use the following to answer questions below -Refer to the graph of unit cost curves 2. If the market price is 70, then a profit-maximizing competitive firm with these short-run unit cost curves A) will earn an economic profit equal to $40. B) will earn an economic profit equal to $30. C) will earn an economic profit equal to $210. D) will earn an economic profit equal to $280.


A) will earn an economic profit equal to $40.
B) will earn an economic profit equal to $30.
C) will earn an economic profit equal to $210.
D) will earn an economic profit equal to $280.

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