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Jones company is a perfectly competitive firm. the market price of its output is $10. the firm is currently producing 50 units of output. at this level of output, the firm’s average total cost is $8 per unit, its average variable cost is $6 per unit, and its marginal cost is $8. on the basis of this information, what can we say?

Respuesta :

Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. when the firm hires 6 workers the firm produces 90
vanessa61
Reduce output but continue production.

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