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The Figure Given Below Shows the Revenue and the Cost

Question 29

Multiple Choice

The figure given below shows the revenue and the cost curves of a perfectly competitive firm.Figure 10.3
The figure given below shows the revenue and the cost curves of a perfectly competitive firm.Figure 10.3 -Refer to Figure 10.3 and identify the price level at which the firm earns normal profit. A) $4 B) $8 C) $10 D) $2 E) $14
-Refer to Figure 10.3 and identify the price level at which the firm earns normal profit.


A) $4
B) $8
C) $10
D) $2
E) $14

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