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tuggy tuggy
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6 years ago
If the marginal cost of a perfectly competitive firm producing a good is $50 and the market price of the good is $100, the firm should:
A) decrease its output.
B) increase its output.
C) try to increase the market price.
D) try to decrease the market price.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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#1
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6 years ago
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tuggy Author
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6 years ago
You make an excellent tutor!
momochiime
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Yesterday
Good timing, thanks!
elizabetheldrid
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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