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Exhibit 7-12  Marginal Revenue and Cost Per Unit Curves If

Question 185

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Exhibit 7-12  Marginal revenue and cost per unit curves Exhibit 7-12  Marginal revenue and cost per unit curves If price is equal to OD for the firm shown in Exhibit 7-12, total profit is maximized when: A) output is X. B) output is Y. C) output is Z. D) output is greater than Z. If price is equal to OD for the firm shown in Exhibit 7-12, total profit is maximized when:


A) output is X.
B) output is Y.
C) output is Z.
D) output is greater than Z.

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