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Refer to the Figure Below

Question 22

Multiple Choice

Refer to the figure below. If this firm is a price taker and the price of each unit of output is $10, then at its profit-maximizing level of output, this firm will earn a ______ of ______. Refer to the figure below. If this firm is a price taker and the price of each unit of output is $10, then at its profit-maximizing level of output, this firm will earn a ______ of ______. A) loss; $60 B) loss; $240 C) profit; $450 D) profit; $900


A) loss; $60
B) loss; $240
C) profit; $450
D) profit; $900

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