Which of the Following Does Not Represent a Profit-Maximizing Condition $P = M C$

question 25

Multiple Choice

Which of the following does not represent a profit-maximizing condition for a firm operating in a perfectly competitive industry?

• A) \(P = M C\).
• B) \(M C = M R\).
• C) \(M C\) must be increasing.
• D) \(M C\) must be falling.

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