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Q P TC 1 $27 $10 2 24 17 3 21 25 4 18 40 5 15 60 At the profit-maximizing output, the firm in
Q P TC
1 $27 $10
2 24 17
3 21 25
4 18 40
5 15 60
At the profit-maximizing output, the firm in Exhibit 10-3 is earning
a. an economic profit of $38
b. an economic loss
c. zero economic profit
d. an economic profit of $32
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