Explain why a firm might want to produce its good even after diminishing marginal returns have set

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Explain why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:40 AM

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Explain why a firm might want to produce its good even after diminishing marginal returns have set

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As long as the marginal benefit of producing each successive uni...View the full answer

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