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QUESTION
A profit-maximizing firm in the short run will expand output (Points : 3) until marginal cost begins to rise. until total revenue equals total cost....
A profit-maximizing firm in the short run will expand output (Points : 3)
Show more until marginal cost begins to rise. until total revenue equals total cost. until marginal cost equals average variable cost. as long as marginal revenue is greater than marginal cost.
