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Total Cost Schedule for a Competitive Firm: If Market

Question 54

Multiple Choice

Total cost schedule for a competitive firm: Total cost schedule for a competitive firm: If market price is $30,how many units of output will the firm produce? A) 0,the firm shuts down B) 1 C) 2 D) 3 E) 4 If market price is $30,how many units of output will the firm produce?


A) 0,the firm shuts down
B) 1
C) 2
D) 3
E) 4

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