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These Are the Cost and Revenue Curves Associated with a Firm

question 131

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These are the cost and revenue curves associated with a firm. These are the cost and revenue curves associated with a firm.   If the firm in the given graph were to produce Q1 and charge P3,the area A would represent: A)  consumer surplus. B)  producer surplus. C)  deadweight loss. D)  profits. If the firm in the given graph were to produce Q1 and charge P3,the area A would represent:

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