Business, 31.07.2021 01:00 Magalaki1926

Mr. T is selling 10 coffee cups a day, and his MC curve is declining (the more he sells, the lower the MC). The market price is $1/coffee, his current MC is $1.50/coffee. What should Mr. T do to reduce his loss or to maximize his profit?

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Mr. T is selling 10 coffee cups a day, and his MC curve is declining (the more he sells, the lower t...

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