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    Business
  3. Study Set
    Managerial Economics and Business Strategy Study Set 1
  4. Exam
    Exam 8: Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets
  5. Question
    You Are the Manager of a Firm That Sells Its
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You Are the Manager of a Firm That Sells Its

Question 15

Question 15

Multiple Choice

You are the manager of a firm that sells its product in a competitive market at a price of $48.Your firm's cost function is C = 60 + 2Q2.Your firm's maximum profits are:


A) $192.
B) $228.
C) $348.
D) $576.

Correct Answer:

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