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false because it tend to produce less than the efficient level of output
Most businesses aim to operate at its profit-maximizing level at all times, but many factors make this nearly impossible. For instance, if they are short on workers they wouldn't be able to maximize profits.
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Perfect competition!
Yes a monopoly can lose money. If they are caught monopolizing in the US the courts will demand they break up the monopoly causing more companies to be made and more taxes to be brought forth, not including fines for having a monopoly.
false because it tend to produce less than the efficient level of output
Most businesses aim to operate at its profit-maximizing level at all times, but many factors make this nearly impossible. For instance, if they are short on workers they wouldn't be able to maximize profits.
haw the amount of output in economy produces can be detreminis?
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When output is less than the efficient level, the amount consumers are willing to pay equals the cost of production. the cost of production is greater than the price consumers are willing to pay. the marginal cost of producing the good must be greater than the marginal benefit from the good.
Perfect competition!
Yes a monopoly can lose money. If they are caught monopolizing in the US the courts will demand they break up the monopoly causing more companies to be made and more taxes to be brought forth, not including fines for having a monopoly.
if the head unit can produce sound to your speakers without the amp you have high level output from head unit if your amp only accepts low level input (rca) plugs you must buy a high to low level converter which take speaker high output and reduces it to low ( rca) output and then go to your amp converter is under 20 bucks but most new amp accept hi and low level feed
Productivity
Answers for If A Firm Is Producing A Level Of Output Where MR Exceeds MC, Would It Improve Profits By Increasing Output, Decreasing Output Or Keeping Output Unchanged?
a decrease in need which will in turn surplus the output and decrease the price level. then output will decrease.
A way to find the best level of output is to find the output level where marginal revenue is equal to marginal cost.