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The author tells us that decisions should be made at the margin instead of using averages. Which rule should be used to determine the optimal
The author tells us that decisions should be made "at the margin" instead of using averages. Which rule should be used to determine the optimal level of product to produce in a COMPETITIVE firm? Group of answer choices Set the quantity of production where average variable cost equals quantity demanded Set the quantity of production where marginal revenue equals marginal cost Set the quantity of production where marginal revenue equals zero Set the quantity of production where the price elasticity of demand equals -1
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