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Suppose that the marginal benefit of writing a contract is $90 and the marginal cost of that contract is $80. Based on this information, the

Suppose that the marginal benefit of writing a contract is $90 and the marginal cost of that contract is $80. Based on this information, the optimal contract length should

be increased.

be decreased by two-thirds.

be held constant at the contract length where MB = 90 and MC = 80.

be decreased by half.

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