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denis23 [38]
3 years ago
10

Suppose your firm has a​ u-shaped average variable cost curve and operates in a perfectly competitive market. if you produce whe

re the product price​ (marginal revenue) equals average variable cost​ (on the​ upward-sloping portion of the avc​ curve), then your output willa.exceed the​ profit-maximizing level of output.b.generate zero economic profits.c.equal the​ profit-maximizing level of output.d.be smaller than the​ profit-maximizing level of output.
Business
1 answer:
Mariulka [41]3 years ago
3 0
Go app so so so so so do
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