If for a perfectly competitive firm, price is Rs. 60, output is 300 un – McqOptions

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1.	If for a perfectly competitive firm, price is Rs. 60, output is 300 units, average variable costs are Rs. 18, and average total costs are Rs. 36. The firm'sÂ profits are equal to
A.	Rs. 5400
B.	Rs. 3600
C.	Rs. 7200
D.	Rs. 1800
Answer» D. Rs. 1800

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