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AndrewKraus AndrewKraus
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6 years ago
If the marginal revenue of a producer exceeds his marginal cost:
A) profit is maximized.
B) profit is minimized.
C) additional production enhances profits.
D) additional production reduces profits.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 106 times
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Answer verified by a subject expert
SimplemanSimpleman
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6 years ago
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AndrewKraus Author
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6 years ago
Excellent answer, thx
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