A. price is below the marginal cost
B. price is equal to the marginal revenue
C. marginal revenue is equal to the marginal cost
D. price is below the average variable cost
Correct Answer:
Option D – price is below the average variable cost
A. price is below the marginal cost
B. price is equal to the marginal revenue
C. marginal revenue is equal to the marginal cost
D. price is below the average variable cost
Correct Answer:
Option D – price is below the average variable cost
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