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Management · Q77

Managerial Economics

Graduate and Post Graduate · Management · question 77

Q77

The short run equilibrium condition gives following data: Equilibrium output = 30 P1 (= AR1 ) = 140 LAC = 72.08 Super normal profit will be

A.
67.92
Answer
B.
70.42
C.
67
D.
All of these

Answer: Option A

Solution

Answer: Option A
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