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Title: Suppose a firm acts to minimize the cost of producing 500 units of output and determines this cost ... Post by: PaulKet on Nov 12, 2017 Suppose a firm acts to minimize the cost of producing 500 units of output and determines this cost to be $25,000. Then, if the firm acts to maximize output for a total cost of $25,000, the maximum output attainable is
A) 500. B) less than 500. C) more than 500. D) unknown. Title: Re: Suppose a firm acts to minimize the cost of producing 500 units of output and determines this ... Post by: forrest on Nov 12, 2017 Content hidden
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