SamanthaReid3173 SamanthaReid3173

28-12-2023
Business

contestada

If a perfectly competitive firm producing 100 units faces a price of $6, with marginal cost at $6, average variable cost at $7, and average fixed cost at $3, what will the firm do to maximize profit?
a) Increase production
b) Decrease production
c) Continue producing 100 units
d) Shut down production

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