If a firm is producing at a quantity in which the marginal cost exceeds marginal revenue, the firm _____. Question 15 options: a must decrease output to increase profit b must increase output to...



If a firm is producing at a quantity in which the marginal cost exceeds marginal revenue, the firm _____.



Question 15 options:
























a





must decrease output to increase profit





b





must increase output to increase profit





c





is maximizing profit





d





must shut-down to increase profit






Jun 06, 2022
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