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Refer to the Figure Below

Question 129

Multiple Choice

Refer to the figure below. During low-peak times, what price-quantity combination should the firm charge to maximize profit? Refer to the figure below. During low-peak times, what price-quantity combination should the firm charge to maximize profit? A) P<sub>1</sub> and Q<sub>1</sub> B) P<sub>3</sub> and Q<sub>1</sub> C) P<sub>1</sub> and Q<sub>2</sub> D) P<sub>2</sub> and Q<sub>1</sub>


A) P1 and Q1
B) P3 and Q1
C) P1 and Q2
D) P2 and Q1

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