Refer to the above figure. If an individual firm wants to maximize economic profits, it should

A) charge $5 for its product.
B) charge more than $5 for its product since increasing the price will increase revenues.
C) charge less than $5 for its product since a lower price will attract more customers.
D) withdraw its product from the market forcing the market price up.


A

Economics

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Persistent government budget deficit result in ________ taxes and a ________ stock of capital in the future

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