Explain why firms would not produce where MC > MR or where MC < MR.

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 08, 2023 08:58 PM

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Explain why firms would not produce where MC > MR or where MC < MR.

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Firms would not produce where MC MR or where MC MR because it would not be profitable to do so MC MR ...View the full answer

Economics An Introduction To Traditional And Progressive Views

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