A. increase should
B. decrease output
C. keep output the same because profits are maximized when marginal revenue exceeds marginal cost
D. raise the price
Correct Answer: increase should ✔
Last Updated: June 18, 2019
A. increase should
B. decrease output
C. keep output the same because profits are maximized when marginal revenue exceeds marginal cost
D. raise the price
Correct Answer: increase should ✔
Last Updated: June 18, 2019