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nguyenduong67 nguyenduong67
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6 years ago
Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells 250 tables, its marginal cost is equal to $200, and AVC is rising. If the market price of tables is equal to $150, Alex's Furniture Mart should
A) continue producing 250 tables.
B) decrease its level of table production.
C) raise the price of its tables.
D) increase its level of table production.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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nguyenduong67 Author
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6 years ago
Correct Slight Smile TY
Liarec
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Yesterday
Thanks for your help!!
klyn
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2 hours ago
You make an excellent tutor!
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