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    Microeconomics Study Set 17
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    Exam 10: Perfect Competition
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    The Figure Given Below Shows the Revenue and Cost Curves
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The Figure Given Below Shows the Revenue and Cost Curves

Question 37

Question 37

Multiple Choice

The figure given below shows the revenue and cost curves of a perfectly competitive firm.Figure 10.1
The figure given below shows the revenue and cost curves of a perfectly competitive firm.Figure 10.1    -In Figure 10.1, the firm's profit is equal to the area: A) OIWR. B) JKEF C) OKET D) LMNG E) OJFS
-In Figure 10.1, the firm's profit is equal to the area:


A) OIWR.
B) JKEF
C) OKET
D) LMNG
E) OJFS

Correct Answer:

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