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I am working on a practice exam and I am unsure how to go about this Illinois State University : ECO 1( X + C

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I am working on a practice exam and I am unsure how to go about this

image text in transcribed
Illinois State University : ECO 1( X + C reggienet.illinoisstate.edu/portal/site/a9775572-ec12-4e46-a208-82625caabd11/tool/ecc5f15c-8c24-40c4-a295-f2dfaa15d146/jsf/index/mainindex To A B IlinoisState.edu Gi Giving News Events Map Apply Search/A-Z My Reggienet BT Figure 15-5 The following graph depicts the market situation for a monopoly pastry shop called Bearclaws. 22 MC ATC PRICE N 20 40 0 80 100 120 140 QUANTITY Refer to Figure 15-5. Based upon the information shown, what are total costs for Bearclaws, given that it maximizes profits? A. $700. x O B. $980. O C. $490. O D. $784. Answer Key:A

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