Multiple Choice
Which of the following conditions must hold to ensure that profits are,in fact,at a maximum?
A) d(MC(Q) ) /dQ > 0
B) d(MC(Q) ) /dQ < 0
C) d2(Q) /dQ2 < 0
D) d(MC(Q) ) /dQ > 0 and d2(Q) /dQ2 < 0
Correct Answer:

Verified
Correct Answer:
Verified
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