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Izzydhindsa Izzydhindsa
wrote...
Posts: 457
5 years ago
If a firm is producing an output rate at which marginal cost is equal price, the firm

• will not be covering its fixed cost.

• is maximizing profits.

• should increase its output level.

• should reduce its output level.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 38 times
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jzhu11jzhu11
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Posts: 414
5 years ago
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Izzydhindsa Author
wrote...
5 years ago
Thank you for answering so quickly
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