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Refer to the Following Table

Question 87

Multiple Choice

Refer to the following table. Imagine there are two cities (City A and City R) and you are the only provider of ice cream sandwiches for both. Use this information to answer the following questions: Refer to the following table. Imagine there are two cities (City A and City R)  and you are the only provider of ice cream sandwiches for both. Use this information to answer the following questions:   -If a company is a profit-maximizing firm and can charge a single price in both cities,how much would its profit be? A)  $6 B)  $20 C)  $25 D)  $60 E)  $64
-If a company is a profit-maximizing firm and can charge a single price in both cities,how much would its profit be?


A) $6
B) $20
C) $25
D) $60
E) $64

Correct Answer:

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