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Figure 7-2 -Refer to Figure 7-2.Suppose the Firm Is Currently Producing Q2

Question 10

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Figure 7-2 Figure 7-2 -Refer to Figure 7-2.Suppose the firm is currently producing Q<sub>2</sub> units.What happens if it expands output to Q<sub>3</sub> units? A) Its profit increases by the size of the vertical distance df. B) It makes less profit. C) It incurs a loss. D) It will be moving toward its profit-maximising output.
-Refer to Figure 7-2.Suppose the firm is currently producing Q2 units.What happens if it expands output to Q3 units?


A) Its profit increases by the size of the vertical distance df.
B) It makes less profit.
C) It incurs a loss.
D) It will be moving toward its profit-maximising output.

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