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Table 14-5 -Refer to Table 14-5.If the Firm Finds That Its Marginal

Question 151

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Table 14-5
Table 14-5 -Refer to Table 14-5.If the firm finds that its marginal cost is $11,it should A) increase production to maximize profit. B) increase the price of the product to maximize profit. C) advertise to attract additional buyers to maximize profit. D) reduce production to increase profit.
-Refer to Table 14-5.If the firm finds that its marginal cost is $11,it should


A) increase production to maximize profit.
B) increase the price of the product to maximize profit.
C) advertise to attract additional buyers to maximize profit.
D) reduce production to increase profit.

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