If a firm adopts a production process that is costly in, Ask an Expert

Economics

If a firm adopts a production process that is costly in order to reduce pollution, the results

a. a decrease in the firms MC curve and a decrease in the firm’s profits

b. an increase in the firms ATC curve and an increase in the firm’s profit

c. a decrease in the profit maximizing rate of output and a decrease in the firm’s profits

d. a decrease in the firms ATC curve and an increase in the firm’s profits

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91372663

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