If the marginal revenue from R&D is less than the marginal cost, a profit-maximizing firm will
A) decrease the amount it spends on R&D.
B) increase the amount it spends on R&D.
C) leave unchanged the amount it spends on R&D.
D) stop spending on R&D altogether.
E) probably decrease its spending or R&D, but it may increase it.
Correct Answer:
Verified
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