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Econ 2113 Test 3 Dr. Rupp Fall 2004 Name Honor Pledge I have neither given nor received aid on this exam Signature Multiple Choice 40 questions Identify the best answer. Turn cell phones off if your phone rings during the test you will be ineligible to answer the extra credit question. 1. Profit is defined as a* net revenue minus depreciation* b. total revenue minus total cost. c* average revenue minus average total cost. d. marginal revenue minus marginal cost. 2. Total revenue equals a*...

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