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Author Question: The main decision for a profit-maximizing perfectly competitive firm is not what ________ but what ________. (Read 70 times)

bclement10

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on: Apr 19, 2019

Question 1

Marginal revenue (
MR) is


◦ TR/q
◦ Δ
TR/Δ
q.
◦ P x
 q
◦ P/q

Question 2

The main decision for a profit-maximizing perfectly competitive firm is not what ________ but what ________.


◦ level of output to produce; price to charge
◦ price to charge; level of output to produce
◦ level of output to produce; total revenue to achieve
◦ price to charge; total cost to achieve
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by bclement10 on Apr 19, 2019

mcni194

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Reply #1 on: Apr 19, 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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bclement10

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Reply #2 on: Apr 19, 2019
Thanks


mcni194

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Reply #3 on: Apr 19, 2019
Welcome :)


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