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[Solved]: For a certain firm, the 100th unit of output that
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(Solved): For a certain firm, the 100th unit of output that the firm produces has a marginal revenue of $10 an ...



For a certain firm, the 100th unit of output that the firm produces has a marginal revenue of $10 and a marginal cost of $11. It follows that the Group of answer choices production of the 100th unit of output increases the firm's profit by $1. production of the 100th unit of output increases the firm's average total cost by $1. firm's profit-maximizing level of output is less than 100 units. production of the 110th unit of output must increase the firm’s profit by less than $1.



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