Question

Suppose a firm is producing a level of output such that mr >mc , what be firm do to maximize its profits?
a) the firm do nothing
b) the firm should hire less labour
c) the firm shoul increase price
d) the firm should increse output

Answer 1

Answer:

a firm is producing a level of output such that mr >mc , what be firm do to maximize its profits?

a) the firm do nothing.

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Answer 2

Answer:

your ans B

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