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Answer to Question #320510 in Macroeconomics for Mango

Question #320510

(a) firms face a download sloping demand curve?


1
Expert's answer
2022-03-30T13:36:03-0400

Assuming a firm faces a descending slanting demand curve, marginal revenue is not as much as cost. Minimal income is positive in the flexible scope of an interest bend, negative in the inelastic reach, and zero where request is unit cost versatile.


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