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A point on the supply curve a. is a profit and cost maximizing choice for the firm b. may or may not be optimal to
A point on the supply curve a. is a profit and cost maximizing choice for the firm b. may or may not be optimal to the firm, depending if it's sold or not c. is a profit maximizing choice for the firm and the consumer at a given price d. is a profit maximizing choice for the firm at a given output price
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