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    Business
  3. Study Set
    Agricultural Economics
  4. Exam
    Exam 6: Optimal Output Selection
  5. Question
    If ΔY<sub>2</sub>/ΔY<sub>1</sub> > ΔY<sub>2</sub>/ΔY<sub>1</sub> Then
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If ΔY2/ΔY1 > ΔY2/ΔY1 Then

Question 28

Question 28

Multiple Choice

If ΔY2/ΔY1 > ΔY2/ΔY1 then:


A) the firm could increase revenue by moving into Y2
B) the firm could increase revenue by moving out of Y2
C) the firm could increase revenue by remaining at the same output combination
D) not enough information to answer

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