A monopolistic firm will expand its output when ________________.
A. marginal revenue exceeds marginal cost .
B. .marginal cost exceeds marginal revenue.
C. marginal cost equals marginal revenue.
D. marginal revenue is negative
Answer:A
A monopolistic firm will expand its output when ________________.
A. marginal revenue exceeds marginal cost . B. .marginal cost exceeds marginal revenue. C. marginal cost equals marginal revenue. D. marginal revenue is negative