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In the Short Run,a Profit-Maximizing Firm Will Expand Output

Question 7

Multiple Choice

In the short run,a profit-maximizing firm will expand output


A) as long as marginal revenue is greater than marginal cost.
B) until marginal cost begins to rise.
C) until marginal revenue equals average variable cost.
D) until total revenue equals total cost.
E) as long as marginal cost is greater than marginal revenue.

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