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Retnec Retnec
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7 years ago
The total amount of profit earned by a price searcher is equal to
A) the difference between price and average total cost multiplied by the number of units sold.
B) the difference between total revenue and marginal cost.
C) the excess of marginal revenue over marginal cost multiplied by the number of units sold.
D) the selling price multiplied by the number of units sold.
E) the selling price minus the average total cost.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Retnec Author
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#2
6 years ago
Smiling Face with Halo Nice!!
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