Question: Question 3 2 pts It's logical , it's a rule of thumb, it's an economic guideline: As long as MR > MC , and the
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pts
It's logical it's a rule of thumb, it's an economic guideline: As long as MR MC and the firm responds by increasing the quantity it produces,
the firm will have a loss
profit will decrease
profit will eventually fall to zero
profit will remain unchanged
profit will increase
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