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The Figure Above Shows Some of a Firm's Cost Curves

Question 130

Multiple Choice

   The figure above shows some of a firm's cost curves and its marginal revenue curve. -Suppose the price of a can was $5.10.In this case,to maximize its profit,the firm illustrated in the figure above would A)  decrease its production and would make an economic profit. B)  not change its production and would make zero economic profit. C)  not change its production and would make an economic profit. D)  decrease its production and would incur an economic loss. E)  not change its production and would incur an economic loss.
The figure above shows some of a firm's cost curves and its marginal revenue curve.
-Suppose the price of a can was $5.10.In this case,to maximize its profit,the firm illustrated in the figure above would


A) decrease its production and would make an economic profit.
B) not change its production and would make zero economic profit.
C) not change its production and would make an economic profit.
D) decrease its production and would incur an economic loss.
E) not change its production and would incur an economic loss.

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