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Question
Figure 11-3A
Figure 11-3A above shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units along the demand curve D1, the profit
A. increases from $6 to $8 per unit.
B. decreases from $8 to $6 per unit.
C. stays the same per unit.
D. increases from $2 to $3 per unit.
E. impacts cannot be determined. Figure 11-3A does not indicate what happens to profit when the quantity demanded changes.
Answer
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