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Author Question: To find the profit maximizing level of output, a firm finds the output level where A) price ... (Read 36 times)

Brittanyd9008

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on: Jul 1, 2018
To find the profit maximizing level of output, a firm finds the output level where
 
  A) price equals marginal cost.
  B) marginal revenue and average total cost.
  C) price equals marginal revenue.
  D) all of the above
  E) none of the above

Question 2

The gap between consumption and income can never be particularly large.
 
  Indicate whether the statement is true or false


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ciecieme

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

E

Answer to Question 2

F


Brittanyd9008

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

Hdosisshsbshs

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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