tipbri9749
12.08.2019 •
Business
Afirm sells a product in a purely competitive market. the marginal cost of the product at the current output level of 800 units is $3.50. the minimum possible average variable cost is $3. the market price of the product is $4. to maximize profits, the firm should
a. shut down if the minimum possible average cost is $5.25
b. shut down if the minimum possible average variable cost is $4.75
c. increase output if the minimum possible average variable cost is $5.25
d. decrease output if the minimum possible average variable cost is $4.75
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Ответ:
I think the answer is A