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Question 213

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Use the following to answer questions:
Figure: The Marginal Decision Rule Use the following to answer questions: Figure: The Marginal Decision Rule -(Figure: Marginal Decision Rule) Look at the figure The Marginal Decision Rule. Given the market price P<sub>1</sub>, B is the _____ curve. A) marginal revenue B) marginal cost C) marginal product D) average fixed cost
-(Figure: Marginal Decision Rule) Look at the figure The Marginal Decision Rule. Given the market price P1, B is the _____ curve.


A) marginal revenue
B) marginal cost
C) marginal product
D) average fixed cost

Correct Answer:

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