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How much total profit does this firm earn

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Reference no: EM131056448

A profit maximizing competitive firm sells its product for $9. Its average total cost of producing this product is $10. The firm's profit maximizing output level is 10 units. How much total profit does this firm earn?

A) $200

B) -$200

C) -$10

D) None of the above

Reference no: EM131056448

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