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A perfectly competitive firm is producing at the point where its marginal cost equals its marginal revenue. If the firm boosts its output, its revenue
A perfectly competitive firm is producing at the point where its marginal cost equals its marginal revenue. If the firm boosts its output, its revenue will Question content area bottom Part 1 A. rise and its total variable cost will rise even more. B. fall but its total variable cost will rise. C. rise and its total variable cost will rise, but not by as much. D. fall and its total variable cost will fall, but not by as much
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