Business, 02.12.2021 22:30, slippedsumo

Adhika is deciding whether to open a company to produce step stools. He should start the company if he expects that: his marginal revenue will be below his average cost. the number of step stool manufacturers will soon decrease. the average cost curve will shift downward. his price will exceed his average cost.

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Adhika is deciding whether to open a company to produce step stools. He should start the company if...