Multiple Choice
Suppose you're producing designer clothes for Barbie dolls. You're producing 100 units and discover that the MR for the 100th unit is $50 while the MC of the 100th unit is $45. If you're in the short run, it's a signal for you to
A) shut down
B) stay where you are because you're making profit on that unit
C) increase production beyond 100 units
D) produce less than 100 units
E) it's no signal because price data is unknown
Correct Answer:
Verified
Correct Answer:
Verified
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