The optimal venue for an event is one where a. The number of seats exceeds the number

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The optimal venue for an event is one where

a. The number of seats exceeds the number where marginal cost equals marginal revenue.

b. The number of seats is less than number where marginal cost equals marginal revenue.

c. The number of seats is exactly the number where marginal cost equals marginal revenue.

d. Marginal revenue exceeds marginal cost for all seats.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:28 AM

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The optimal venue for an event is one where a. The number of seats exceeds the number

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c The number of seats is exactly the number where marginal cost equals marginal revenue Exp...View the full answer

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