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Business, 20.02.2020 04:30 lebronbangs8930

Which of the following statements is true a. A firm should increase quantity as long as price is greater than marginal cost. b. A firm should increase quantity as long as marginal revenue is greater than marginal cost c. A firm should increase quantity as long as average cost is greater than price d. A firm should increase quantity as long as price is higher than average cost, regardless of the marginal cost

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Which of the following statements is true a. A firm should increase quantity as long as price is gr...
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