Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 17 - Natural Resource and Energy Economics - Review Questions: 3

Answer

B. No

Work Step by Step

It costs 75, and the revenue will be 72. Thus, it does not make sense, for the marginal revenue is less than the marginal costs.
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