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29. Suppose that a firm is producing where 0 < MR < MC . If the firm produces one less unit of output, total revenue

29. Suppose that a firm is producing where 0<MR<MC. If the firm produces one less unit of output, total revenue would ____ and total profit would _____ .

a. increase; increase.

b. increase; decrease

c. decrease, increase

d. decrease; decrease

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