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Author Question: For a perfectly competitive firm, at the profit-maximizing output average revenue equals marginal ... (Read 91 times)

cnetterville

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on: Jun 29, 2018
For a perfectly competitive firm, at the profit-maximizing output average revenue equals marginal cost.
 
  Indicate whether the statement is true or false

Question 2

Sam Lewis owns a firm in New York City's garment district. If Sam keeps adding workers to use the same number of sewing machines, eventually the workplace will become so crowded that workers will get in each other's way. At this point
 
  A) Sam should begin using a division of labor in his business.
  B) Sam's business will be in violation of safety rules that have been established by the New York City government.
  C) the marginal product of labor in Sam's business would be negative and his total output would decrease.
  D) Sam should encourage his workers to share their sewing machines.
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zoeyesther

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Reply #1 on: Jun 29, 2018
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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cnetterville

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Reply #2 on: Jun 29, 2018
Thank you


zoeyesther

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Reply #3 on: Jun 29, 2018
No problemo


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