f current output is less than the profit-maximizing output, then the next unit produced

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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8.3

If current output is less than the profit-maximizing output, then the next unit produced
will decrease profit
will increase cost more than it increases revenue
will increase revenue more than it increases cost
will increase revenue without increasing cost
may or may not increase profit
Transcribed Image Text:If current output is less than the profit-maximizing output, then the next unit produced will decrease profit will increase cost more than it increases revenue will increase revenue more than it increases cost will increase revenue without increasing cost may or may not increase profit
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