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panishreyashi
05.05.2020 •
Business
Which of the following statements is (or are) correct? a. Microsoft is operating where MR=MC b. Microsoft’s profits (producer surplus) is higher than it would be if it operated where P=MC c. Microsoft’s profits per dollar of sales are higher than the profits per dollar of sales of the average American corporation d. Only (a) and (b) are correct e. Answers (a), (b), and (c) are all correct.
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