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If a firm increases its output quantity when marginal revenue is less than marginal cost then its profits will: IncreaseA DecreaseB Be positiveC Be negativeD

If a firm increases its output quantity when marginal revenue is less than marginal cost then its profits will: IncreaseA DecreaseB Be positiveC Be negativeD
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If a firm increases its output quantity when marginal revenue is less than marginal cost then its profits will:

IncreaseA

DecreaseB

Be positiveC

Be negativeD

asked
User Benjiman
by
7.2k points

1 Answer

2 votes
is would be the third chooice 
answered
User Rincewind
by
8.1k points
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