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Author Question: If your firm is producing a good at a level where marginal revenue equals marginal cost, and price ... (Read 123 times)

brutforce

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on: Jul 20, 2019
If your firm is producing a good at a level where marginal revenue equals marginal cost, and price is greater than average total cost, your firm:
◦ is earning an economic profit greater than zero.
◦ should decrease output.
◦ should shut down and suffer a loss equal to your fixed costs.
◦ should increase output.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by brutforce on Jul 20, 2019

juliaf

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Reply #1 on: Jul 20, 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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brutforce

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Reply #2 on: Jul 20, 2019
TY


juliaf

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Reply #3 on: Jul 20, 2019
You're welcome


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