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The table represents a demand curve faced by a firm in a competitive market. Price ( Dollars per unit ) Quantity Demanded (Units) 3 0
The table represents a demand curve faced by a firm in a competitive market. Price ( Dollars per unit ) Quantity Demanded (Units) 3 0 3 1 3 2 3 3 3 4 3 5 Refer to Table 14-2. This firm maximizes total revenue by producing a. 1 unit. b. 5 units. c. as many units as possible. d. 3 units
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