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djsmyers djsmyers
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6 years ago
Suppose the Christmas trees market is perfectly competitive. An owner is currently earning a profit of $1,000, the cost of producing and selling an additional Christmas tree is $25, the current market price is $20. The owner
A) should sell more trees.
B) should not sell more trees.
C) should advertise in the market to promote his sales.
D) is not maximizing his profits.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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forrestforrest
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6 years ago
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djsmyers Author
wrote...

6 years ago
Good timing, thanks!
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Yesterday
Thanks
wrote...

2 hours ago
Brilliant
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