If current output is less than the profit-maximizing output, then the next unit produced

a) will increase revenue without increasing cost.
b) will decrease profit.
c) will increase cost more than it increases revenue.

d) will increase revenue more than it increases cost.

e) may or may not increase profit

P.S. An explanation behind why will help allow for better understanding.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is d will increase r... View the full answer