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-Refer to the Above Figure

Question 64

Multiple Choice

-Refer to the above figure. If the market price is equal to A, which statement can be made about economic profits? A) Economic profits are positive and equal to ABCG. B) Economic profits are positive and equal to ABEF. C) Economic profits are negative and equal to GCEF. D) Economic profits are negative and equal to ABQ0.
-Refer to the above figure. If the market price is equal to A, which statement can be made about economic profits?


A) Economic profits are positive and equal to ABCG.
B) Economic profits are positive and equal to ABEF.
C) Economic profits are negative and equal to GCEF.
D) Economic profits are negative and equal to ABQ0. -Refer to the above figure. If the market price is equal to A, which statement can be made about economic profits? A) Economic profits are positive and equal to ABCG. B) Economic profits are positive and equal to ABEF. C) Economic profits are negative and equal to GCEF. D) Economic profits are negative and equal to ABQ0.

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