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Author Question: At the current level of output, a firm's marginal cost equals 16 and marginal revenue equals 10. The ... (Read 110 times)

hubes95

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on: Jul 1, 2018
At the current level of output, a firm's marginal cost equals 16 and marginal revenue equals 10. The firm
 
  A) is producing the profit-maximizing amount.
  B) should produce more.
  C) should produce less.
  D) Not enough information.

Question 2

Short-run average cost exceeds long-run average cost only when there are economies of scale.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
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TheNamesImani

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Reply #1 on: Jul 1, 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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hubes95

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Reply #2 on: Jul 1, 2018
Correct answers!


TheNamesImani

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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