A firm should reduce its quantity of output if
A)marginal revenue is greater than marginal cost.
B)total revenue is greater than total cost.
C)marginal revenue is less than marginal cost.
D)total revenue is less than total cost.

Name: A firm should reduce its quantity of output if A)marginal revenue is greater than marginal cost. B)total revenue is greater than total cost. C)marginal revenue is less than marginal cost. D)total revenue is less than total cost.
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Question

Quizplus · Accepted Answer

The Answer is C

A Firm Should Reduce Its Quantity of Output If