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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 45
The most efficient output is found ___________.
A) where MC and MR cross
B) at the bottom of the ATC curve
C) when the demand and MR curves are equal
D) where the ATC and demand curves cross
A) where MC and MR cross
B) at the bottom of the ATC curve
C) when the demand and MR curves are equal
D) where the ATC and demand curves cross
Explanation
Verified
Verified
Therefore, options (a), (c) and (d) are ...
Microeconomics 9th Edition by Stephen Slavin
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