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Any Firm,competitive or Not,desiring to Maximize Profits,will Choose Its Quantity

Question 43

Multiple Choice

Any firm,competitive or not,desiring to maximize profits,will choose its quantity according to the rule,produce that quantity at which


A) marginal revenue = price.
B) marginal revenue = marginal cost.
C) average variable cost is at its minimum.
D) marginal cost is at its minimum.

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