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Ryanteck Ryanteck
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Posts: 559
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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 equals this firmʹs marginal cost. To maximize profits, Dell should
A) stop producing since it is earning a loss.
B) make no adjustments as they are already maximizing their profits.
C) decrease their output.
D) increase their output.
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DeToXiFYDeToXiFY
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6 years ago
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