Figure 10-8 -Figure 10-8 Displays the Cost Curves of a Perfectly Competitive

question 103

Multiple Choice

Figure 10-8

-Figure 10-8 displays the cost curves of a perfectly competitive firm.Profits at a price of $10 would be approximately

• A)$1 per unit.
• B)$3 per unit.
• C)$5 per unit.
• D)$10 per unit.

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