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    Exam 7: Profit Analysis of the Firm
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    If the Marginal Revenue from Producing One More Filing Cabinet
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If the Marginal Revenue from Producing One More Filing Cabinet

Question 33

Question 33

True/False

If the marginal revenue from producing one more filing cabinet is $45.00 and the marginal cost of producing that cabinet is $40.00, then the firm is maximizing marginal profit.

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