Compact discs are sold in a perfectly competitive market. The current market price of compact discs is $15. If at the current level of production of compact discs you calculate that the marginal cost to your company is also $15, and that AVC is rising, in the short run your company should:
A) produce more compact discs.
B) produce fewer compact discs.
C) continue producing the current level of compact discs.
D) raise the price of its compact discs.
Correct Answer:
Verified
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A) price always![]()
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