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Suppose Woody's Cabinetmaking Calculates the Following Information for Each Cabinet

Question 13

Multiple Choice

Suppose Woody's Cabinetmaking calculates the following information for each cabinet produced in a given month: P = $300; Q = 100; AFC = $10; AVC = $140. Woody's total profit for that month is


A) $140
B) $150
C) $15,000
D) $30,000
E) impossible to determine

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