Answered: Why does a firm care about economic…

Why does a firm care about economic capacity? O a. Output can't increase O b. Cost are maximized here O c. Point where Taxes are minimized O d. It's where their per unit cost are minimized

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Why does a firm care about economic capacity?
O a. Output can't increase
O b. Cost are maximized here
O c. Point where Taxes are minimized
O d. It's where their per unit cost are minimized

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