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Author Question: Consider two firms, A and B, that are producing the same product but with different marginal costs. ... (Read 73 times)

blkth103

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on: Oct 12, 2022
Consider two firms, A and B, that are producing the same product but with different marginal costs. In this case, we know that
◦ a reallocation of output between the firms can lower the industry's total cost.
◦ neither firm is producing its output at the lowest attainable cost.
◦ some resources must be unemployed.
◦ one firm is not maximizing profits.
◦ each firm is being wasteful.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by blkth103 on Oct 12, 2022

miro2222

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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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blkth103

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

mcarey591

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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