Kimberly owns a cupcake shop in Newport Beach,California.The market for cupcakes is very competitive.At Kimberly's current production level,her marginal cost is $25 and her marginal revenue is $29.To maximize profits,Kimberly should:
A) decrease production.
B) keep production the same.
C) increase the price.
D) decease the price.
E) increase production.
Correct Answer:
Verified
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