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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
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    If Output Is Increased Beyond the Point Where Total Profit
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If Output Is Increased Beyond the Point Where Total Profit

Question 144

Question 144

Multiple Choice

If output is increased beyond the point where total profit is maximized,


A) total profits stay constant.
B) total profits will decline.
C) marginal profit will be positive.
D) MR will be increasing.

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