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If the Market Price Is $15 and Marginal Cost Is

Question 110

Multiple Choice

If the market price is $15 and marginal cost is represented by the equation 2 * Q,where Q is in thousands of units,what is the profit-maximizing quantity?


A) 15,000
B) 8,000
C) 7,000
D) 7,500
E) 30,000

Correct Answer:

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