Author Question: Which of the following is FALSE? a. Increase production if MR>MC b. Produce where MR=MC c. ... (Read 13 times)

lindiwe

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Which of the following is FALSE?
 a. Increase production if MR>MC
 b. Produce where MR=MC
 c. Average cost is total cost per unit of production
  d. Produce where MR=AC

Question 2

The consequences of price discrimination are
 a. Consummate more transactions
  b. Extract more consumer surplus
  c. Increase producer surplus
 d. All of the above



Joc

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Answer to Question 1

d

Answer to Question 2

d



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Joc

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