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To Indicate That the Firm Is Maximizing Instead of Minimizing

Question 101

Multiple Choice

To indicate that the firm is maximizing instead of minimizing profit:


A) the change in marginal revenue must exceed the change in marginal cost.
B) the change in marginal cost must exceed the change in marginal revenue.
C) marginal revenue must exceed marginal cost.
D) marginal cost must exceed marginal revenue.

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