ECONOMICS – 5 important facts

Economics – If  a firm’s marginal revenue from its 100th unit of output is $50 and the  marginal cost from its 100th unit of output is $45, then in the short  run this firm should:                 

a.  shut down.                  

b.  produce more than 99 units of output.                  

c.  change its technology.                  

d.  produce less than 100 units of output.                  

e.  increase its plant size.

economics
path leads to decision which changes the path in two directions on colorful background

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