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Retnec Retnec
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6 years ago
If a price searcher is operating at an output where MR exceeds MC, then
A) the firm is producing the profit-maximizing output.
B) the firm is producing too little output; it needs to produce more to maximize its profit.
C) the firm is producing too much output; it needs to reduce output to maximize its profit.
D) Either B or C is true; you can't tell from the information provided.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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Retnec Author
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Thanks for your help!!
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