Table 14-2 The Following Table Presents Cost and Revenue Information for Soper's

question 83

Multiple Choice

Table 14-2
The following table presents cost and revenue information for Soper's Port Vineyard.

-Refer to Table 14-2.Consumers are willing to pay $120 per unit of port wine.What is Soper's Port Vineyard's economic profit at their profit maximizing point?

• A)$78
• B)$243
• C)$278
• D)$375

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