YouBoii1889 YouBoii1889

25-12-2019
Business

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at a perfectly competitive firm's current output level, average total cost is $15, average variable cost is $10, and marginal cost is $8 and increasing. if the product price is $15, what should this firm do to maximize profits?

Respuesta :

weaambenyounes29 weaambenyounes29

25-12-2019

Answer:

The correct answer is

The firm should increase the quantity of output produced.

good luck

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