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    Economics Study Set 1
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    Exam 9: Competitive Markets
  5. Question
    9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive
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9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive

Question 73

Question 73

Multiple Choice

9.3 Short-Run Decisions
Assume the following total cost schedule for a perfectly competitive firm.
9.3 Short-Run Decisions Assume the following total cost schedule for a perfectly competitive firm.    TABLE 9-2 -Refer to Table 9-2.At what price would a profit-maximizing firm earn zero economic profits? A) $40 B) $70 C) $145 D) $220 E) $430 TABLE 9-2
-Refer to Table 9-2.At what price would a profit-maximizing firm earn zero economic profits?


A) $40
B) $70
C) $145
D) $220
E) $430

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