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Business, 10.10.2019 02:20 milkshakegrande101
Refer to the diagram above. based on the information illustrated in this graph, which of the following is an accurate statement?
production should keep expanding because mr is always less than mcbecause this is a perfectly competitive firm,
the profit maximizing rule is p > mcbecause this is a perfectly competitive firm,
the profit maximizing rule is p = mrprofits will be reduced by production in the zone beyond point 'e'
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Answers: 2
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