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Suppose the Price of a Can Was $5

Question 110

Multiple Choice

Suppose the price of a can was $5.14.In this case,to maximize its profit,the firm illustrated in the figure above would


A) increase its production and would make an economic profit.
B) not change its production and would make a normal profit.
C) not change its production and would make an economic profit.
D) increase its production and would incur an economic loss.
E) not change its production and would incur an economic loss.

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