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Question
| Output | Price per Book ($) | Marginal Cost |
| 0 | 8.00 | 0 |
| 1 | 7.00 | 1.00 |
| 2 | 6.00 | 2.00 |
| 3 | 5.00 | 3.00 |
| 4 | 4.00 | 4.00 |
The above table depicts prices, quantities, and marginal costs faced by the campus bookstore. At the profit-maximizing level of output, what is the total cost earned by the store?
A) $4
B) $9
C) $3
D) $16
Answer
This answer is hidden. It contains 1 characters.
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