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Trunks Posted 16 years ago
Vocabulary
Why do we need to or just use the words "quantity of" when we can just say "output"?
Consider this sentence:
Existing firms in the industry increase quantity of output because marginal revenue now intersects maginal cost at a higher quantity of output.
But why is the word "quantity" needed when we could just say:
Existing firms in the industry increases output because marginal revenue now intersects maginal cost at a higher output.
Existing firms in the industry increase quantity of output because marginal revenue now intersects maginal cost at a higher quantity of output.
But why is the word "quantity" needed when we could just say:
Existing firms in the industry increases output because marginal revenue now intersects maginal cost at a higher output.
Top answer
Hi, Your way makes more sense to me. Clive
- Hi, Your way makes more sense to me.
- Clive
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2 Answers
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yeah....but my economics book isn't consistent with my argument!!! And thus the question arose!!!
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