Bob's Lawn Care Services is a perfectly competitive firm that currently mows 22 lawns a week. Bob's marginal cost exceeds the price he charges. Bob can increase his profit if he
A) charges a higher price.
B) charges a lower price.
C) mows fewer than 22 lawns a week.
D) mows more than 22 lawns a week.
C
Economics
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An investor who wants to diversify his portfolio will buy only bonds when both stocks and bonds are expected to yield better returns
a. True b. False Indicate whether the statement is true or false
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