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Refer to the Data in the Accompanying Table

question 64

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  Refer to the data in the accompanying table. If the firm's minimum average variable cost is $12, and total fixed costs equal zero, the firm's economic profit (or loss) is A) $4. B) $18. C) −$11. D) $1. Refer to the data in the accompanying table. If the firm's minimum average variable cost is $12, and total fixed costs equal zero, the firm's economic profit (or loss) is


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