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If a firm is producing where MR > MC,

Ryanteck

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6 years ago

If a firm is producing where MR > MC,

If a firm is producing where MR > MC,
A) the revenue gained by producing one more unit of output is less than the cost incurred by doing so.
B) the revenue gained by producing one more unit of output exceeds the cost incurred by doing so.
C) the firm is already maximizing profits because revenue is being increased by more than costs.
D) the revenue gained by producing one more unit of output equals the cost incurred by doing so.

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Ryanteck Author

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6 years ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

mambah4

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You make an excellent tutor!

husne

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2 hours ago

Thanks

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