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  3. Study Set
    Economics Principles and Policy Study Set 2
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    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
  5. Question
    If Marginal Profit Is Negative When the Firm Produces One
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If Marginal Profit Is Negative When the Firm Produces One

Question 164

Question 164

True/False

If marginal profit is negative when the firm produces one more unit, then the firm is currently maximizing profits.

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