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Exhibit 7-4  Marginal Cost and Revenue for a Firm in Exhibit

Question 129

Multiple Choice

Exhibit 7-4  Marginal cost and revenue for a firm Exhibit 7-4  Marginal cost and revenue for a firm In Exhibit 7-4, this firm is currently producing 14 units of output. What would you advise this firm to do? A) Decrease output to 13. B) Increase output to 15. C) Remain at 14 units of output. D) Increase output to 16. E) Increase output to 17. In Exhibit 7-4, this firm is currently producing 14 units of output. What would you advise this firm to do?


A) Decrease output to 13.
B) Increase output to 15.
C) Remain at 14 units of output.
D) Increase output to 16.
E) Increase output to 17.

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