If a Firm Finds That Its Marginal Cost Is Greater

question 77

Multiple Choice

If a firm finds that its marginal cost is greater than its price,it

• A)Should reduce production.
• B)Is maximizing its profit.
• C)Should increase production.
• D)Is maximizing its total revenue.

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Definitions:

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to AIDS if not treated.

Intravenous Drugs

Medications or substances that are administered directly into a vein, allowing for rapid absorption into the bloodstream.

Unprotected Sex

A sexual encounter where no contraceptive methods or barrier devices are used to prevent pregnancy or protect against sexually transmitted infections (STIs).

Sexual Scripts

Socially learned ways of responding in sexual situations, guiding sexual behavior and interactions.