If Marginal Revenue Exceeds Marginal Cost at the Current Level

Multiple Choice

If marginal revenue exceeds marginal cost at the current level of output, profit will increase when output is expanded because

A) other firms in the industry will shut down as the firm expands output.
B) the market price will rise as the firm expands output.
C) producing and selling an additional unit will add more to total revenue than it adds to total cost.
D) marginal cost will decline as output is expanded.