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Figure 7-4 Figure 7-4 Shows the Cost and Demand

Question 239

Multiple Choice

Figure 7-4 Figure 7-4 Figure 7-4 shows the cost and demand curves for a profit-maximising firm in a perfectly competitive market. -Refer to Figure 7-4.Assuming the firm is profit maximising,what is the amount of its total fixed cost? A) $1080 B) $1440 C) $2520 D) It cannot be determined. Figure 7-4 shows the cost and demand curves for a profit-maximising firm in a perfectly competitive market.
-Refer to Figure 7-4.Assuming the firm is profit maximising,what is the amount of its total fixed cost?


A) $1080
B) $1440
C) $2520
D) It cannot be determined.

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