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    Intermediate Microeconomics
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    Exam 8: Profit Maximization and Supply
  5. Question
    A Firm That Sought to "Maximize Market Share" Would Choose
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A Firm That Sought to "Maximize Market Share" Would Choose

Question 18

Question 18

Multiple Choice

A firm that sought to "maximize market share" would choose to produce an output level for which marginal revenue was equal to


A) marginal cost
B) average cost.
C) price.
D) zero.

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