Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: MrsAngelD on Nov 12, 2017



Title: If a competitive firm maximizes short-run profits by producing some quantity of output, which of the ...
Post by: MrsAngelD on Nov 12, 2017
If a competitive firm maximizes short-run profits by producing some quantity of output, which of the following must be TRUE at that level of output?
A) p = MC.
B) MR = MC.
C) p ≥ AVC.
D) All of the above.


Title: Re: If a competitive firm maximizes short-run profits by producing some quantity of output, which of ...
Post by: desperado2 on Nov 12, 2017
D