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54) Refer to Table 12-1. If the market price of each camera case is $8 and the firm maximizes profit, what is the amount of

54) Refer to Table 12-1. If the market price of each camera case is $8 and the firm maximizes profit, what is the amount of the firm's profit or loss? A) $0 (it breaks even) B) loss of $1,DO0 C) profit of $440 D) loss of $440 Answer: C

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