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chomtong chomtong
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Posts: 589
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6 years ago
Assume Dell Computer Company operates in a perfectly competitive market producing 5,000 computers per day. At this output level, price exceeds this firmʹs marginal cost. To maximize profits, Dell should
A) increase their output.
B) decrease their output.
C) make no adjustments as they are already maximizing their profits.
D) stop producing since it is earning a loss.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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