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wrote...
Posts: 158
2 months ago
Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC = $12; AVC = $10; MC = $15; MR = $16. The firm should

• increase output.

• change nothing.

• decrease output.

• increase price.
Source  Download
Economics Today: The Micro View
Edition: 19th
Author:
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wrote...
Posts: 160
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2 months ago
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increase output.
1
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wrote...
2 months ago
Good timing, thanks!
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