[Answered] To find the profit maximizing level of output, a firm finds the output level where A) price ...

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Author Question: To find the profit maximizing level of output, a firm finds the output level where A) price ... (Read 65 times)

Brittanyd9008

Hero Member
Posts: 500

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

Sr. Member
Posts: 331

Reply #1 on: Jul 1, 2018

Answer to Question 1

E

Answer to Question 2

F

Brittanyd9008

Member
Posts: 500

Reply 2 on: Jul 1, 2018

TYSM

softEldritch

Member
Posts: 334

Reply 3 on: Yesterday

Excellent

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Author Question: To find the profit maximizing level of output, a firm finds the output level where A) price ... (Read 65 times)

Brittanyd9008

To find the profit maximizing level of output, a firm finds the output level where A) price ...

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Need homework help now?

ciecieme

To find the profit maximizing level of output, a firm finds the output level where A) price ...

Brittanyd9008

softEldritch