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    Principles of Microeconomics Study Set 3
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    Exam 9: Firms in a Competitive Market
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    Refer to the Accompanying Graph to Answer the Following Questions
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Refer to the Accompanying Graph to Answer the Following Questions

Question 43

Question 43

Multiple Choice

Refer to the accompanying graph to answer the following questions.
Refer to the accompanying graph to answer the following questions.    -If this firm is maximizing profits,total revenue is represented by the area A)  B * C B)  A * C C)  (A- B)  * C D)  A * B. E)  (A + B)  * C .
-If this firm is maximizing profits,total revenue is represented by the area


A) B * C
B) A * C
C) (A- B) * C
D) A * B.
E) (A + B) * C .

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