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Refer to the Accompanying Graph

Question 105

Multiple Choice

Refer to the accompanying graph. If this firm is a price taker and the price of each unit of output is $9, then at its profit-maximizing level of output, this firm will earn a ________ of ________. Refer to the accompanying graph. If this firm is a price taker and the price of each unit of output is $9, then at its profit-maximizing level of output, this firm will earn a ________ of ________. A) loss; $60 B) loss; $300 C) profit; $495 D) profit; $900


A) loss; $60
B) loss; $300
C) profit; $495
D) profit; $900

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