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If Rational, Profit-Maximising Firms (Like Rational People) Think at the Margin

Question 83

Multiple Choice

If rational, profit-maximising firms (like rational people) think at the margin, then marginal adjustments to production:


A) should always lower cost
B) will increase market share of the firm
C) should always increase profit (or decrease loss)
D) will increase homogeneity in the market

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