sspatel5948 sspatel5948

13-12-2022
Business

contestada

In the figure, which of the following statements is false?
a.
The firm in panel (a)
produces where price equals marginal cost, and
thus it maximizes profit and breaks even
b.
The firm in panel (b) produces where price equals marginal cost, and
thus it maximizes profit and breaks even
c.
The firm in panel (b) produces where price equals average
cost, and
thus it maximizes profit and breaks even
d.
The firm in panel (a) produces where price equals average cost, and
thus it maximizes profit and breaksb.
The firm in panel (b) produces where price equals marginal cost, and
thus it maximizes profit and breaks even

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