A. a change in marginal cost causes the profit-maximizing level of output to change by the same amount but in the opposite direction
B. small changes in a firm's marginal costs can leave the equilibrium price unchanged
C. a change in marginal cost causes the profit-maximizing level of output to change by the same amount and in the same direction
D. a small change in marginal cost causes a large change in the profit-maximizing level of output.
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Home » Business » According the kinked demand curve model: A. a change in marginal cost causes the profit-maximizing level of output to change by the same amount but in the opposite direction B.