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Guest Guest
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5 years ago
A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. The price of each good is $10. Calculate the firm's short-run profit or loss.

• loss of $6,000

• profit of $6,000

• profit of $30,000

• There is insufficient information to answer the question.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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gumpfablegumpfable
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5 years ago
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