Sign up or log in to view additional materials. You'll gain access to interventions, extensions, task implementation guides, and more for this lesson. In this lesson you will learn to determine the distance between integers by examining absolute value and number lines.
C. have the firm produce the quantity at which marginal revenue equals marginal cost. D. set price equal to marginal cost, even if marginal cost is less than average total cost. 13. Suppose a monopoly firm has a constant marginal cost equal to $8.
The profit maximizing quantity of output occurs where marginal cost = marginal revenue (i.e., where the cost of producing another unit = the revenue you can get from having produced it). If fixed costs are increased, the average cost increases, but the marginal cost (cost per additional unit) is unchanged.Since neither marginal cost nor marginal revenue are affected, there will be no change in the profit maximizing quantity of output produced.kuiper Â· 8 years ago.Thumbs up.f fixed costs are increased, the average cost increases, but the marginal cost (cost per additional unit) is unchanged. Since neither marginal cost nor marginal revenue are affected, there will be no change in the profit maximizing quantity of output produced. kuiper Â· 8 years ago. Thumbs up.