Business
Business, 20.12.2019 23:31, KHaire7013

When the price is greater than the marginal cost for a firm in a competitive market,
a. the marginal cost must be falling.
b. the firm must be minimizing its losses.
c. there are opportunities to increase profit by increasing production. d. the firm should decrease output to maximize profit.

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When the price is greater than the marginal cost for a firm in a competitive market,
a. the m...

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