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    Principles of Economics Study Set 12
  4. Exam
    Exam 6: The Supply Curve and the Behavior of Firms
  5. Question
    Exhibit 6-3 -To Derive a Firm's Supply Curve, We Assume That a Assume
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Exhibit 6-3 -To Derive a Firm's Supply Curve, We Assume That a Assume

Question 42

Question 42

Multiple Choice

Exhibit 6-3 Exhibit 6-3   -To derive a firm's supply curve, we assume that a firm chooses to produce where A) sales are at a maximum. B) employment is at a maximum. C) profits are at a maximum. D) total revenue is at a maximum. E) total cost is at a minimum.
-To derive a firm's supply curve, we assume that a firm chooses to produce where


A) sales are at a maximum.
B) employment is at a maximum.
C) profits are at a maximum.
D) total revenue is at a maximum.
E) total cost is at a minimum.

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