Business, 03.08.2021 03:00 devoncruz23

Consider the following information for a fictional firm. Changes in profit comes from selling one more unit (and receiving MR) minus the cost of producing this additional unit (MC). Fill in the blanks to complete the sentence about production. Quantity produced (units) Change in profit (dollars)
3,000$3
5,000$0
7,000$1
The firm should produce units, because that is the quantity of production where which maximizes .
Complete the sentence with the following words:
a. 5000
b. 7000
c. 3000
d. market share
e. profit
f. marginal revenue is greater than marginal cost
g. marginal revenue is less than marginal cost
h. marginal revenue is equal marginal cost

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Consider the following information for a fictional firm. Changes in profit comes from selling one mo...

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