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-In Exhibit I-6 (On the Previous Page), the Price Is

Question 111

Multiple Choice

-In Exhibit I-6 (on the previous page) , the price is fixed at $35. The firm is producing where MR = MC. What do you advise this firm to do in the short run? A) Shut down. B) Increase output. C) Decrease output. D) Stay at its current output. E) Decrease price.
-In Exhibit I-6 (on the previous page) , the price is fixed at $35. The firm is producing where MR = MC. What do you advise this firm to do in the short run?


A) Shut down.
B) Increase output.
C) Decrease output.
D) Stay at its current output.
E) Decrease price.

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