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Schweser Practice Test 1 PM Econ Q
36. Notasled Inc., a producer of cafeteria trays, operates in a perfectly competitive market. If the market price of a cafeteria tray is $3.25. Notasled will increase production so long as:
A) marginal revenue is positive.
B) marginal cost is less than 3.25
C) marginal revenue is greater than 3.25
ill post the answer after a couple replies, what do u guys think? |
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