11. On a per unit basis, economic profit can be determined as the difference between: a. marginal revenue and product price. b. product price and average total cost. c. marginal revenue and marginal cost. d. average fixed cost and product price.

11. On a per unit basis, economic profit can be determined as the difference between:
a. marginal revenue and product price.
b. product price and average total cost.
c. marginal revenue and marginal cost.
d. average fixed cost and product price.

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