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The Cost Per Unit of Producing a Product Is

Question 217

Multiple Choice

The cost per unit of producing a product is The cost per unit of producing a product is dollars, where x represents the number of units produced per week. If the equilibrium price determined by a competitive market is $120, how many units should the firm produce and sell each week to maximize its profit? ​ A) 16 B) 8 C) 64 D) none E) as many as possible dollars, where x represents the number of units produced per week. If the equilibrium price determined by a competitive market is $120, how many units should the firm produce and sell each week to maximize its profit? ​


A) 16
B) 8
C) 64
D) none
E) as many as possible

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