Register

Suppose a perfectly competitive firm's marginal revenue is $10 and its marginal cost is $11. under these circumstances the firm:

Suppose a perfectly competitive firm's marginal revenue is $10 and its marginal cost is $11. under these circumstances the firm:
asked 11.7k views
5 votes
suppose a perfectly competitive firm's marginal revenue is $10 and its marginal cost is $11. under these circumstances the firm:

asked
User Christian Beer
by
8.0k points

1 Answer

3 votes
is not maximizing profit and should REDUCE output.
answered
User Azpiri
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!