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If a competitive firm is currently producing a level of output at which profit is not maximized, then which of the following must be true

If a competitive firm is currently producing a level of output at which profit is not maximized, then which of the following must be true for the firm?

Select one:

a.Marginal revenue exceeds marginal cost.

b.Marginal cost exceeds marginal revenue.

c.Total cost exceeds total revenue.

d.Marginal revenue is not equal to marginal cost.

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