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    Exam 12: Perfect Competition
  5. Question
    -In the Above Figure, If the Firm Increases Its Output
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-In the Above Figure, If the Firm Increases Its Output

Question 184

Question 184

Multiple Choice

  -In the above figure, if the firm increases its output from Q<sub>2</sub> to Q<sub>3</sub>, it will A)  reduce its marginal revenue. B)  increase its marginal revenue. C)  decrease its profit. D)  increase its profit.
-In the above figure, if the firm increases its output from Q2 to Q3, it will


A) reduce its marginal revenue.
B) increase its marginal revenue.
C) decrease its profit.
D) increase its profit.

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