Business, 03.03.2020 02:52 morganpl415

A perfectly competitive firm facing a price of $50 decides to produce 500 widgets. Its marginal cost of producing the last widget is $50. If the firm's goal is maximize profit, it should:a. Produce more widgets
b. Produce fewer widgets
c. Continue producing 500 widgets
d. Shut down

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A perfectly competitive firm facing a price of $50 decides to produce 500 widgets. Its marginal cost...

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