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Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Single Problem
Satisfied Customers: 5240
Experience:  M.A., M.S. Education / Educational Administration
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Expected economic profit per unit is equal to: A. expected

Resolved Question:

Expected economic profit per unit is equal to:
A. expected price.
B. expected average total cost.
C. the difference between expected price and expected average total cost.
D. the difference between expected total revenue and expected total cost.
Submitted: 5 years ago.
Category: Single Problem
Expert:  Mr. Gregory White replied 5 years ago.
The answer to this one is

C. The difference between expected price of a good and the expected average total cost of producing it

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