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Title: If price is greater than the average variable cost, a profit-maximizing firm should: Post by: AndrewKraus on May 22, 2017 If price is greater than the average variable cost, a profit-maximizing firm should:
A) contract production until price is equal to marginal cost. B) expand production until price is equal to marginal cost. C) contract production until total revenue is equal to total cost. D) expand production until total revenue is equal to total cost. Title: Re: If price is greater than the average variable cost, a profit-maximizing firm should: Post by: lostein on May 22, 2017 Content hidden
Title: Re: If price is greater than the average variable cost, a profit-maximizing firm should: Post by: AndrewKraus on Jun 24, 2017 This helps with my assignment big time
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