14. From the figure below, if the market price is $20, what is the amount of the firm's profit?

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter11: Profit Maximization
Section: Chapter Questions
Problem 11.1P
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14. From the figure below, if the market price is $20, what is the amount of the firm's
profit?
Transcribed Image Text:14. From the figure below, if the market price is $20, what is the amount of the firm's profit?
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