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QUESTION 1 Would a profit-maximizing firm choose not to produce at a quantity where marginal cost exceeds marginal revenue? O A. No, because the firm

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QUESTION 1 Would a profit-maximizing firm choose not to produce at a quantity where marginal cost exceeds marginal revenue? O A. No, because the firm will reduce its profits for every additional unit of output it decreases. O B. No, it is total revenue that matters. O C. Yes, because it is total cost that matters. OLD. Yes, because the firm will reduce its profits for every additional unit of output it produces

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