madrose5314 madrose5314
  • 24-04-2024
  • Business
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The rational rule for sellers says that a firm should produce every unit for which the price is greater than or equal to the marginal cost of producing it. Therefore, at the profitmaximizing quantity
a. price is equal to marginal cost
b. total revenue is maximized.
c. marginal cost is minimized
d. total costs are minimized

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