For an impure consumption good the maximum output is determined where_____
a. price equals marginal cost
b. marginal cost equals the vertical summation of all individual demand curves
c. price equals long run average total cost
d. marginal cost equals the horizontal summation of all individual demand curves
b
Economics
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The ________ the defendant's assessment of the expected payment to the ________, the ________ likely the case will be settled.
A) larger; plaintiff; less B) larger; plaintiff; more C) smaller; judge; more D) smaller; judge; less
Economics