9.a corn farmer will tend to expand his output as long as the price of corn exceeds aversge variabke cost and: a) marginal cost is smaller than the market priceb) marginal revenue is larger than the market price of corn c) marginal revenue is positived) marginal revenue is kess than the market price of corn OaQuestion 5A corn farmer will tend to expand his output as long as the price of corn exceedsaverage variable cost andA marginal cost is smaller than the market price of comB. marginal revenue is larger than the market price of corn.C. marginal revenue is positiveD. marginal revenue is less than the market price of cornOdOrObQuestion 65TGB6YHN00NכJMKOOL

a corn farmer will tend to expand his output as long as the price of corn exceeds aversge variabke cost and: a) marginal cost is smaller than the market price b) marginal revenue is larger than the market price of corn c) marginal revenue is positive d) marginal revenue is kess than the market price of corn

a corn farmer will tend to expand his output as long as the price of corn exceeds aversge variabke cost and: a) marginal cost is smaller than the market price b) marginal revenue is larger than the market price of corn c) marginal revenue is positive d) marginal revenue is kess than the market price of corn

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter8: Perefect Competition

Section: Chapter Questions

Problem 4SQP

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