Question
If a profit-maximizing firm finds that, at its current level of production, MR >MC, it willa)earn greater profits than if MR = MC.b)increase output.c)decrease output.d)shut
If a profit-maximizing firm finds that, at its current level of production, MR >MC, it willa)earn greater profits than if MR = MC.b)increase output.c)decrease output.d)shut down.
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
