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Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry has the marginal costs equal to 45$ and AVC is ri…
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Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry has the marginal costs equal to 45$ and AVC is ri…
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Jan 11, 2020
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Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry has the marginal costs equal to 45$ and AVC is rising. If the market price of building stone is $50, jerry should
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Answer:
increase its production of building stone
Step-by-step explanation:
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