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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: A price-taking firm is selling 100 units of a good for the market price. If the marginal cost of th
Post by: stars_and_moon on Jul 20, 2016
A price-taking firm is selling 100 units of a good for the market price.  If the marginal cost of the 100th unit is higher than the marginal revenue of that unit,
A) the firm could increase profit by selling fewer units at the current price.
B) the firm could increase profit by lowering the price.
C) the firm could increase profit by increasing the price.
D) the firm could increase profit by selling more units at the current price.


Title: Re: A price-taking firm is selling 100 units of a good for the market price. If the marginal cost ...
Post by: kingby on Aug 8, 2016
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Title: Re: A price-taking firm is selling 100 units of a good for the market price. If the marginal cost of th
Post by: stars_and_moon on Aug 17, 2016
I figured, great answer


Title: Re: A price-taking firm is selling 100 units of a good for the market price. If the marginal cost of th
Post by: kingby on Aug 18, 2016
I was slightly debating this one, thanks for the feedback