price-baking firm in the short run shouit mot produce any leel of output unie elect one:...

  

    

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price-baking firm in the short run shouit mot produce any leel of output unie elect one: Oa miegral evenue ete uveragn tatal cost O b. tis earmno positive prifs Oe margin teuenue exceeds meginol cost. averago revenue oquita or conds aage tital nt. e average revere nqual t edsag natile cont Buppose RioTirtoAkan in considering he construction of a aninum emnter in Narhem Qobec, the oporation of whieh requres aye dest ef slecticity. Suppone aino that the prce of electricty is seedited to rie ignlicantly in the near future. As a reaut, te fim decates i ba a plant using existing wetedoay that is more espensive but us esadnoly per tonne of aluminum produced. This behavur is an eamn of Sclect one: O a. the long-nun princiole of subatintim O b bngrun economies of toale. O shon-run cost ninmaton horun peult maimiration innuvatioe awny from changne in foctor proon price-baking firm in the short run shouit mot produce any leel of output unie elect one: Oa miegral evenue ete uveragn tatal cost O b. tis earmno positive prifs Oe margin teuenue exceeds meginol cost. averago revenue oquita or conds aage tital nt. e average revere nqual t edsag natile cont Buppose RioTirtoAkan in considering he construction of a aninum emnter in Narhem Qobec, the oporation of whieh requres aye dest ef slecticity. Suppone aino that the prce of electricty is seedited to rie ignlicantly in the near future. As a reaut, te fim decates i ba a plant using existing wetedoay that is more espensive but us esadnoly per tonne of aluminum produced. This behavur is an eamn of Sclect one: O a. the long-nun princiole of subatintim O b bngrun economies of toale. O shon-run cost ninmaton horun peult maimiration innuvatioe awny from changne in foctor proon

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35 A pricetaking firm in short run should not produce any level of output unless Ans C Marginal reve... View the full answer