|
Title: If a firm in the long run produces less than its efficient scale, it Post by: Loraine on Jun 21, 2015 If a firm in the long run produces less than its efficient scale, it
A) should raise its markup to increase its profit. B) should lower its markup to increase its profit. C) cannot be a perfectly competitive firm. D) should not advertise to increase its profit. E) must have its markup equal to zero. Title: Re: If a firm in the long run produces less than its efficient scale, it Post by: VincenzoD on Jul 22, 2015 Content hidden
|