Elucidate why a firm might want to produce its good

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Q. Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.

Q2. When consumers cut spending, businesses sales go down, which causes more layoffs! Do you remember what happened to U.S. Consumption and Investment during the 2001 recession?

Reference no: EM1345001

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