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Author Question: If a perfectly competitive firm's marginal revenue is greater than its marginal cost, as it ... (Read 94 times)

imowrer

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on: May 24, 2019
If a perfectly competitive firm's marginal revenue is greater than its marginal cost, as it increases its output, its profit ________ and the price it can charge for its product ________.
◦ increases; does not change
◦ decreases; falls
◦ increases; falls
◦ decreases; rises
◦ decreases; does not change
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by imowrer on May 24, 2019

tsternbergh47

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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imowrer

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Reply #2 on: May 24, 2019
TY


tsternbergh47

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Reply #3 on: May 24, 2019
You're welcome


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