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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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8 years ago
If a firm that uses a production process that yields economies of scale charges a price equal to ________, then profit will be ________.
A) marginal cost; maximized
B) marginal revenue; maximized
C) marginal cost; negative
D) marginal cost; positive
E) marginal revenue; positive
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Happy to help you!
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