Illustrate what is micelles opportunity cost of producing, Ask an Expert

Economics

Q. Illustrate what is micelles opportunity cost of producing potatoes and or chickens if she were to produce 200 pounds of potatoes per year and 50 chickens per year.

Q. If a industry is producing a level of output where marginal income exceeds marginal cost, would it improve profits by increasing output, decreasing output, or keeping output unchanged? Why?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9293222

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