True. If MR>MC, it is more profitable to increase output so that MC will increase.If MR<MC, it is in a loss.It has to decrease output,so that MC will decline.
pretend. considering no matter if the tax is imposed upon the shoppers or upon the sellers,the tax places a wedge between the price paid by the shoppers and the price retained by the sellers. considering after imposition of the tax,the price to shoppers rises and the price to sellers reduces.and the amt. of the quantity traded shrinks.
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True. If MR>MC, it is more profitable to increase output so that MC will increase.If MR<MC, it is in a loss.It has to decrease output,so that MC will decline.
True
True.
pretend. considering no matter if the tax is imposed upon the shoppers or upon the sellers,the tax places a wedge between the price paid by the shoppers and the price retained by the sellers. considering after imposition of the tax,the price to shoppers rises and the price to sellers reduces.and the amt. of the quantity traded shrinks.
True...