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Perfect Competition Profit on the Graph
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Problem 10
Perfect Competition Profit on the Graph
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11. Perfect Competition / Perfect Competition Profit on the Graph / Problem 10
Problem 10
On a graph, if the price is \$30, the average total cost is \$25, and the firm produces 40 units, what is the profit per unit?
A
\$15
B
\$5
C
\$10
D
\$20
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