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lihui lihui
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4 years ago

Question 1.

The Cakery Bakery sells 200 muffins at a price of $2 per muffin. Its explicit costs for producing 200 muffins are $350. The Cakery Bakeryʹs economic profits are



▸ $35.

▸ $50.

▸ $400.

▸ indeterminate from this information.

Question 2.

The Cakery Bakery sells 200 muffins at a price of $2 per muffin. Its explicit costs for producing 200 muffins are $350. The Cakery Bakeryʹs economic profits are



▸ $35.

▸ $50.

▸ $400.

▸ indeterminate from this information.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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mnp2357mnp2357
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4 years ago
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lihui Author
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#2
4 years ago
Thanks for your help!
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