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Ao9 Ao9
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Posts: 1908
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8 years ago
Acme Steel Co. produces 1000 tons of steel. Steel sells for $30 per ton. Acme pays wages of $10,000. Acme buys $15,000 worth of coal, which is needed to produce the steel. Acme pays $2,000 in taxes. Acme's profit is
A) $3,000.
B) $0.
C) $15,000.
D) $2,000.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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#1
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Posts: 1906
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8 years ago
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Ao9 Author
wrote...
#2
8 years ago
You're sharp, thanks!
wrote...
#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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