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If Price Is Unchanging Across the Firm's Entire Production Range

Question 39

Multiple Choice

If price is unchanging across the firm's entire production range, then for the firm selling bagels at $0.40 each,

A) P = MR = AR
B) MR = MC = AC
C) TR = TC = 0
D) TR - TC = 0
E) AC = MC = TC

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