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Other Fields Homework Help Economics Topic started by: tuggy on May 22, 2017



Title: If the marginal cost of a perfectly competitive firm producing a good is $50 and the market price of ...
Post by: tuggy on May 22, 2017
If the marginal cost of a perfectly competitive firm producing a good is $50 and the market price of the good is $100, the firm should:
A) decrease its output.
B) increase its output.
C) try to increase the market price.
D) try to decrease the market price.


Title: Re: If the marginal cost of a perfectly competitive firm producing a good is $50 and the market ...
Post by: Simpleman on May 22, 2017
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