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Which of the Following Does Not Represent a Profit-Maximizing Condition $P = M C$

Question 25

Multiple Choice

Which of the following does not represent a profit-maximizing condition for a firm operating in a perfectly competitive industry?

A) $P = M C$ .
B) $M C = M R$ .
C) $M C$ must be increasing.
D) $M C$ must be falling.

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