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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 O be decreased by two-thirds. be decreased by half. be held constant at the contract length where MB = 90 and MC = 80. be increased
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