Refer to the above table. If the price is $3 the maximum profit this firm could earn is
A) $99.
B) $306.
C) -$100.
D) -$99.
D
Economics
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Which of the following is a result of government price controls?
A) Some people win and some people lose. B) The deadweight loss from price ceilings is greater than the deadweight loss from price floors. C) Price controls increase economic efficiency. D) Price controls benefit poor consumers but harm producers and wealthy consumers.
Economics
The common currency of the EU, the euro, was created in
A) 1985. B) 1992. C) 1999. D) 2004.
Economics