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Refer to Table 14-9. If the firm produces 3 units of output, Group of answer choices total revenue is greater than variable cost. marginal revenue
Refer to Table 14-9. If the firm produces 3 units of output, Group of answer choices total revenue is greater than variable cost. marginal revenue is less than marginal cost. the firm is maximizing profit. marginal cost is $4
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Macroeconomics
Authors: Stephen D. Williamson
6th Edition
013447211X, 134472119, 978-0134472119
