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Use the Following Figure to Answer the Question : Figure

Question 8

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Use the following figure to answer the question : Figure 9-2 : shows the total cost and total revenue curves for a firm.
Use the following figure to answer the question : Figure 9-2 : shows the total cost and total revenue curves for a firm. -Refer to Figure 9-2.The firm's profits are positive: A) from output level 1 to 2. B) only at output level 2. C) from output level 2 to 4. D) only at output level 1.
-Refer to Figure 9-2.The firm's profits are positive:


A) from output level 1 to 2.
B) only at output level 2.
C) from output level 2 to 4.
D) only at output level 1.

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