A Firm Is Producing 10,000 Units of Output

question 107

Multiple Choice

A firm is producing 10,000 units of output.Price at this output level is $16.00 for each unit,and marginal revenue is $13.00.Average per unit cost is $12.00,and marginal cost is $12.50.From this information,we can conclude that the business

• A)enjoys economies of scale.
• B)is maximizing profit at this level.
• C)should produce less.
• D)should produce more.

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Individuals or entities that choose to invest in companies that demonstrate ethical practices and contribute positively to society.

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