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United Kingdom

Economics. Not sure the answer

Date Posted: 3 years ago
Views: 382

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Christmas MT
Christmas Mt's answer
3380 answers (A Helpful Person)
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Note that it will produce at MR = MC. So for question 11, we need to find the MR equation and equate it to MC, to find the quantity it produces and the price it charges accordingly. For question 12, equating MR= MC can get you the quantity it will produce.