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Business, 03.03.2020 06:03 culturedxnat

"Farley Frozen Yogurt is a perfectly competitive firm. The market price of a frozen yogurt cake is $7. Farley sells 200 frozen yogurt cakes. Its AVC is $6, and its AFC is $4."

Suppose the marginal cost for frozen yoghurt cake is $7. In this case, Farley frozen youghurt should:

(A) produce less.
(B) produce the same quantity
(C) produce more.
(D) non produce

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Answers: 2

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