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Author Question: The pricing rule MR=MC hold for a. All firms b. Single product firms c. Multiple product firms ... (Read 53 times)

mcmcdaniel

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on: Jul 1, 2018
The pricing rule MR=MC hold for
 a. All firms
  b. Single product firms
  c. Multiple product firms
  d. None of the above

Question 2

A ____ total cost function yields a U-shaped average total cost function.
 a. cubic
  b. quadratic
  c. linear
  d. a and b only
  e. a, b, and c


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cdmart10

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


mcmcdaniel

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

jojobee318

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Reply 3 on: Yesterday
Excellent

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