The Wax Works sells 400 candles at a price of $10 per candle. The Wax Works' total

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The Wax Works sells 400 candles at a price of $10 per candle. The Wax Works' total costs for producing 400 candles are $500. The Wax Works' economic profit is

A.$4,500.
B.indeterminate from this information.
C.-$100.
D.$3,500.

Related Book For answer-question

Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Posted Date: Jan 04, 2021 06:42 PM

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The Wax Works sells 400 candles at a price of $10 per candle. The Wax Works' total

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Microeconomics and Behavior

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