|
Title: Which of the following statements is INCORRECT regarding the model for information products? Margi Post by: Ghada Aoun1 on Mar 28, 2022 Which of the following statements is INCORRECT regarding the model for information products?
Marginal cost equals average variable cost. In the long run, accounting profit is positive. The firm maximizes profit by setting the price of its product equal to marginal cost. Average total costs slope downward, because average variable cost is constant, average fixed cost slopes downward. Title: Re: Which of the following statements is INCORRECT regarding the model for information products? ... Post by: bio_man on Mar 28, 2022 https://biology-forums.com/index.php?topic=1865954.0
|