Question: If a prot-maximizing rm nds that, at its current level of production, marginal revenue is greater than marginal cost, it will a. earn greater prots
If a prot-maximizing rm nds that, at its current level of production, marginal revenue is greater than marginal cost, it will
a. earn greater prots than at a level where marginal revenue equals marginal cost.
b. shut down.
c. decrease output.
d. Increase output.
kindly state the reason thank you
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