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Other Fields Homework Help Economics Topic started by: Biraj on Mar 3, 2019



Title: Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC ...
Post by: Biraj on Mar 3, 2019
Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC = $12; AVC = $10; MC = $15; MR = $16. The firm should

• increase output.

• change nothing.

• decrease output.

• increase price.


Title: Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC ...
Post by: samah952 on Mar 3, 2019
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Title: Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC ...
Post by: Biraj on Mar 3, 2019
Good timing, thanks!