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Author Question: Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the ... (Read 37 times)

WhattoUnderstand

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Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the market price.
  Indicate whether the statement is true or false

Question 2

The profit of a firm is maximized when:
 a. marginal revenue is maximum.
  b. marginal revenue is greater than marginal cost.
  c. marginal revenue is equal to marginal cost.
  d. marginal cost is minimum.
  e. marginal revenue is less than marginal cost.



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tranoy

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Answer to Question 1

F

Answer to Question 2

c





 

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