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    Economics Today Study Set 1
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    Exam 23: Perfect Competition
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    -In the Above Figure, If D3 Is the Relevant Demand
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-In the Above Figure, If D3 Is the Relevant Demand

Question 72

Question 72

Multiple Choice

  -In the above figure, if d3 is the relevant demand curve for this firm, then which level of output will maximize this firm's profits or minimize its losses? A)  A B)  B C)  C D)  D
-In the above figure, if d3 is the relevant demand curve for this firm, then which level of output will maximize this firm's profits or minimize its losses?


A) A
B) B
C) C
D) D

Correct Answer:

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