Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: nguyenduong67 on Aug 29, 2017



Title: Kevin's Golf-a-Rama sells golf balls in a perfectly competitive market. At its current level of ...
Post by: nguyenduong67 on Aug 29, 2017
Kevin's Golf-a-Rama sells golf balls in a perfectly competitive market. At its current level of golf ball production, Kevin has marginal costs equal to $2. If the market price of golf balls is $1, Kevin should
A) increase the production of golf balls.
B) raise the price of its golf balls.
C) continue producing the current level of production.
D) decrease the level of golf ball production.


Title: Re: Kevin's Golf-a-Rama sells golf balls in a perfectly competitive market. At its current level of ...
Post by: trumpetsoflife on Aug 29, 2017
Content hidden