Figure 9.3- Price or Cost321991110632H units.GO 40 units.O 60 units.O 80 units.2040B8HMCC60QuantityATCMR80 100DemandIf the firm in Figure 9.3 used marginal cost pricing to determine its output and price.the output produced would be:120

A firm uses marginal cost pricing, and produces at the intersection of demand and marginal cost…

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If the firm in Figure 9.3 used marginal cost pricing to determine its output and price. the output produced would be:

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Chapter1: Making Economics Decisions

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Question

Figure 9.3
- Price or Cost
32199
11
10
6
3
2
H units.
G
O 40 units.
O 60 units.
O 80 units.
20
40
B
8
H
MC
C
60
Quantity
ATC
MR
80 100
Demand
If the firm in Figure 9.3 used marginal cost pricing to determine its output and price.
the output produced would be:
120

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