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Below,the Graph on the Left Shows Long-Run Average and Marginal

Question 68

Multiple Choice

Below,the graph on the left shows long-run average and marginal cost for a typical firm in a perfectly competitive industry.The graph on the right shows demand and long-run supply for an increasing-cost industry. Below,the graph on the left shows long-run average and marginal cost for a typical firm in a perfectly competitive industry.The graph on the right shows demand and long-run supply for an increasing-cost industry. What output will the firm produce? A) 250 B) 300 C) 350 D) 400 What output will the firm produce?


A) 250
B) 300
C) 350
D) 400

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