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Module Five Quiz O 11. Profit maximization using total cost and total revenue curves Suppose Rian operates a handicraft pop-up retail shop that sells rompers.

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Module Five Quiz O 11. Profit maximization using total cost and total revenue curves Suppose Rian operates a handicraft pop-up retail shop that sells rompers. Assume a perfectly competitive market structure for rompers with a market ols price equal to $20 per romper. The following graph shows Rian's total cost curve. Use the blue points (circle symbol) to plot total revenue and the green points (triangle symbol) to plot profit for rompers for quantities zero through seven (including zero and seven) that Rian produces. (?) 200 O 175 Total Revenue 150 Total Cost A 125 Profit COST AND REVENUE (Dollars) 100 75 50 n 66'F Clear ~ 9 0 o search O P

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