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Question 108

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Use the following to answer questions below: Use the following to answer questions below: -Refer to the total revenue graph. If marginal cost is equal to 10 at all levels of output, then which of the following output levels will yield the highest level of profit? A) 2 B) 4 C) 5 D) 7
-Refer to the total revenue graph. If marginal cost is equal to 10 at all levels of output, then which of the following output levels will yield the highest level of profit?


A) 2
B) 4
C) 5
D) 7

Correct Answer:

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