8.3 If current output is less than the profit-maximizing output, then the next unit producedwill decrease profitwill increase cost more than it increases revenuewill increase revenue more than it increases costwill increase revenue without increasing costmay or may not increase profit

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

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 9SQP

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Question

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

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