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nguyenduong67 nguyenduong67
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6 years ago
Kevin's Golf-a-Rama sells golf balls in a perfectly competitive market. At its current level of golf ball production, Kevin has marginal costs equal to $2. If the market price of golf balls is $1, Kevin should
A) increase the production of golf balls.
B) raise the price of its golf balls.
C) continue producing the current level of production.
D) decrease the level of golf ball production.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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6 years ago
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nguyenduong67 Author
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6 years ago
You make an excellent tutor!
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Just got PERFECT on my quiz
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