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    Mathematical Economics
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    Exam 5: Economics Functions and Elasticities
  5. Question
    Given TR = 10x, TC = 5x+2, Profit Function Is
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Given TR = 10x, TC = 5x+2, Profit Function Is

Question 20

Question 20

Multiple Choice

Given TR = 10x, TC = 5x+2, profit function is :


A) 5x - 2
B) 5x
C) 10x - 5x
D) 5x + 2

Correct Answer:

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