Answer to Question #232996 in Microeconomics for shay

Question #232996

If MR > MC under perfect competition, profit

A. will increase by decreasing production.

B. will decrease by expanding production.

C. will increase by expanding production.

D. is maximised.


1
Expert's answer
2021-09-06T14:07:58-0400

A. will increase by decreasing production.


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