Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
Plastic and Co's marginal cost curve will move. The fixed cost curve for Plastic and Co would move below.
Therefore, the correct answer is option a: Plastic and Co’s marginal cost curve will shift.
What is marginal revenue?
Marginal revenue exists in the increase in income that happens from the deal of one additional unit of product.
If the market price obtained by a completely competitive firm directs it to construct at a portion where the price stands more significant than the average cost, the company will accumulate profits.
Therefore, the correct answer is option c: marginal revenue is above average costs.
To learn more about Marginal revenue refer to:
https://brainly.com/question/10822075
#SPJ2
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.