Business
Business, 27.11.2019 03:31, bryson9604

When the market price is p3, a profit-maximizing firm's total revenue:

a. can be represented by the area p3 × q3.
b. can be represented by the area p3 × q2.
c. can be represented by the area (p3-p2) × q3.
d. is zero.

answer
Answers: 1

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When the market price is p3, a profit-maximizing firm's total revenue:

a. can be repres...

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