If a perfectly competitive firm is producing 3,000 units and, at the 3,000th unit, the difference between marginal revenue and marginal cost (MR - MC) is zero, which of the following is true?
A) The firm should decrease production to maximize profit.
B) The firm is maximizing profit.
C) The firm should exactly double production to maximize profit.
D) The firm should increase production to maximize profit.
Correct Answer:
Verified
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