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apadong apadong
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Posts: 856
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7 years ago
Wheat is produced in a perfectly competitive market. Market demand for wheat increases. This will cause the individual wheat farmerʹs marginal revenue to ________ and their profit maximizing level of output to ________.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
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Akshtsaklani21Akshtsaklani21
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7 years ago
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Thanks
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this is exactly what I needed
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This helped my grade so much Perfect
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