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Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be…

Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be…
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Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?

asked
User Gurmanjot Singh
by
8.3k points

1 Answer

2 votes

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Step-by-step explanation:

answered
User Andrew Kashpur
by
7.9k points
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