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    Microeconomics Principles
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    Exam 8: How Firms Make Decisions: Profit Maximization
  5. Question
    -Figure 8-3 Shows the Total Revenue and Total Cost for a Firm
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-Figure 8-3 Shows the Total Revenue and Total Cost for a Firm

Question 73

Question 73

Multiple Choice

  -Figure 8-3 shows the total revenue and total cost for a firm at selected output levels.Which is the profit-maximizing level of output for this firm? A) 100 units B) 200 units C) 500 units D) 300 units E) 400 units
-Figure 8-3 shows the total revenue and total cost for a firm at selected output levels.Which is the profit-maximizing level of output for this firm?


A) 100 units
B) 200 units
C) 500 units
D) 300 units
E) 400 units

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