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Table 14-2
the Table Represents a Demand Curve Faced by a Firm

Question 144

Multiple Choice

Table 14-2
The table represents a demand curve faced by a firm in a competitive market.
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 Price  (Dollarsper unit)   Quantity Demanded  (Units)  505152535455\begin{array} { | c | c | } \hline \begin{array} { c } \text { Price } \\\text { (Dollarsper unit) }\end{array} & \begin{array} { c } \text { Quantity Demanded } \\\text { (Units) }\end{array} \\\hline 5 & 0 \\\hline 5 & 1 \\\hline 5 & 2 \\\hline 5 & 3 \\\hline 5 & 4 \\\hline 5 & 5 \\\hline\end{array}
-Refer to Table 14-2. This firm maximizes total revenue by producing


A) 1 unit.
B) 3 units.
C) 5 units.
D) as many units as possible.

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