Figure 12-1 -Refer to Figure 12-1. If the Firm Is Producing 200

question 113

Multiple Choice

Figure 12-1
-Refer to Figure 12-1. If the firm is producing 200 units

• A) it breaks even.
• B) it is making a loss.
• C) it should cut back its output to maximize profit.
• D) it should increase its output to maximize profit.

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