If Marginal Revenue and Marginal Cost Are Not Equal, Profit

question 158

Multiple Choice

If marginal revenue and marginal cost are not equal, profit can be maximized by

• A)increasing output if MR > MC.
• B)decreasing output if MC > MR.
• C)moving to the output where the slopes of TR and TC are equal.
• D)All of the above are correct.

---

Definitions:

Tardive Dyskinesia

A neurological syndrome caused by the long-term use of neuroleptic drugs, characterized by repetitive, involuntary, purposeless movements.

Depression

A mental health disorder marked by persistent sadness, lack of interest or pleasure in activities, and may include symptoms such as changes in appetite or sleep patterns.

Antidepressant Drugs

Medications prescribed to alleviate symptoms of depression by adjusting brain chemistry.

Placebos

Substances that have no therapeutic effect, used as a control in testing new drugs, or sometimes for therapeutic effect in patients through a placebo effect.