Table 14-5 -Refer to Table 14-5.If the Firm Finds That Its Marginal

question 95

Multiple Choice

Table 14-5

-Refer to Table 14-5.If the firm finds that its marginal cost is $5,it should

• A) reduce fixed costs by lowering production.
• B) increase production to maximize profit.
• C) decrease production to maximize profit.
• D) maintain its current level of production to maximize profit.

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