please give me correct answer with full explanation Dont use chatGPT otherwise give down vote [1] Please see the link to explain the diagramPriceper unit Aof goodBPMWXCPcZY0QMQcMarginalrevenueMarginal costDemandQuantity[2] Explain the effect on Marginal cost and MarginalRevenue on the production.** the the marginal cost not equal to marginalrevenue what is the impact?

Firms adjust production levels when marginal cost (MC) differs from marginal revenue (MR), with the…

Answered: [2] Explain the effect on Marginal cost…

[2] Explain the effect on Marginal cost and Marginal Revenue on the production. ** the the marginal cost not equal to marginal revenue what is the impact?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

please give me correct answer with full explanation Dont use chatGPT otherwise give down vote

[1] Please see the link to explain the diagram
Price
per unit A
of good
B
PM
W
X
C
Pc
Z
Y
0
QM
Qc
Marginal
revenue
Marginal cost
Demand
Quantity
[2] Explain the effect on Marginal cost and Marginal
Revenue on the production.
** the the marginal cost not equal to marginal
revenue what is the impact?

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