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    Microeconomics Principles
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    Exam 9: Perfect Competition
  5. Question
    Profit Per Unit of Output Is
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Profit Per Unit of Output Is

Question 12

Question 12

Multiple Choice

Profit per unit of output is


A) price minus average total cost
B) marginal revenue minus marginal cost
C) average total cost minus average variable cost
D) total revenue minus total cost
E) demand minus average variable cost

Correct Answer:

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