If a profit-maximizing firm finds that, at its current level of production, MR > MC, it will
A. earn greater profits than if MR = MC.
B. increase output.
C. decrease output.
D. shut down.
Answer:B
If a profit-maximizing firm finds that, at its current level of production, MR > MC, it will
A. earn greater profits than if MR = MC. B. increase output. C. decrease output. D. shut down.