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Economics(经济学)Microeconomic Analysis 微观经济分析:相关习题20

答案如下

A competitive firm will tend to expand its output so long as marginal:
A) revenue is greater than the average cost.
B) revenue is greater than marginal cost.
C) cost is less than average cost.
D) revenue is positive.


Your answer: B was correct!
All firms will continue to expand production until marginal revenue = marginal cost.

 c

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b

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a

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b

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b

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a

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2

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b

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