The Table Given Below Reports the Marginal Revenue and Marginal

question 108

Multiple Choice

The table given below reports the marginal revenue and marginal cost of Holmes Detective Agency for each client.Table 9.2

-If a firm's marginal revenue is greater than its marginal cost, then:

• A)each added unit of output will reduce profits.
• B)the firm is maximizing profit.
• C)an increase in output will add more to revenue than to cost.
• D)an increase in output will add more to cost than to revenue.
• E)a fall in output will add more to revenue than to cost.

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