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Rufina [12.5K]
3 years ago
15

At its current level of output, a firm’s total revenue is greater than its total variable cost but less than its total cost. If

the firm is producing at the point where marginal revenue is equal to marginal cost, what should the firm do to maximize in the short run? A. Increase price to increase revenue B. Decrease price to increase quantity C. Exit the market to minimize losses. D. Continue to produce at its current level of output to minimize losses. Or E. Shut down
Advanced Placement (AP)
1 answer:
eimsori [14]3 years ago
4 0

Answer:

E

Explanation:

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fenix001 [56]

Answer:

The answer is: the power of big businesses.

Explanation:

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These businessmen could gain an easy access to the Senate, who were responsible for implementing the nation's laws. They were favored by the Senate by giving them a favorable tariff and a businessman-friendly policy. Thus, it made the monopolists even stronger. This shows how the big businesses played a role in terms of politics and industrialization.

This is the reason why the power of the big businesses was more significant to the Gilded Age.

5 0
3 years ago
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1. B

2.A

3.D

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Explanation:

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