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QUESTION

A firm supplying a single product to two distinct submarkets will maximize profits by equating (A) Average revenue in each market to average cost.

A firm supplying a single product to two distinct submarkets will maximize profits by equating(A) Average revenue in each market to average cost.(B) Average revenue in each market to marginal cost.(C) Marginal revenue in each market to marginal cost.(D) Price in each market to marginal cost.

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