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Author Question: When a firm seeks to minimize costs of producing a given level of output, it needs to know (Read 93 times)

warrenjean01

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on: Oct 12, 2022
When a firm seeks to minimize costs of producing a given level of output, it needs to know
◦ the level of output that maximizes its profits.
◦ the price of its output.
◦ the price of its competitors' output.
◦ the cost of the factors of production it uses.
◦ the cost of the factors of production of its competitors.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by warrenjean01 on Oct 12, 2022

leilani49

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Reply #1 on: Oct 12, 2022
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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warrenjean01

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

smrtceo

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Reply 3 on: Yesterday
Excellent

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