Business, 12.04.2021 23:30 chrisk1888

Perfectly competitive firms will: increase output up to the point that the marginal revenue of an additional unit of output is equal to the marginal cost. increase output up to the point that the marginal revenue of an additional unit of output is greater than the marginal cost. always attempt to minimize average variable cost. maximize total revenue by using the marginal decision rule.

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Perfectly competitive firms will: increase output up to the point that the marginal revenue of an ad...