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Use the Following to Answer Question(s)

Question 99

Multiple Choice

Use the following to answer question(s) :
Exhibit: Total Revenue, Total Cost, and Economic Profit
Use the following to answer question(s) :  Exhibit: Total Revenue, Total Cost, and Economic Profit    -(Exhibit: Total Revenue, Total Costs, and Economic Profit)  At approximately 4,500 pounds of carrots: A)  total economic profit is the greatest. B)  total revenue is equal to total cost. C)  marginal revenue is equal to marginal cost. D)  marginal cost is at its maximum.
-(Exhibit: Total Revenue, Total Costs, and Economic Profit) At approximately 4,500 pounds of carrots:


A) total economic profit is the greatest.
B) total revenue is equal to total cost.
C) marginal revenue is equal to marginal cost.
D) marginal cost is at its maximum.

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