If a profit-maximizing firm finds that, at its current level of production, MR < MC, it will
A. decrease output.
B. increase output.
C. shut down.
D. operate at a loss.
Answer:A
If a profit-maximizing firm finds that, at its current level of production, MR < MC, it will
A. decrease output. B. increase output. C. shut down. D. operate at a loss.