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QUESTION

When marginal revenue equals marginal cost a. profits are always equal to zero. firms should increase production. firms should decrease production....

37.

When marginal revenue equals marginal cost

a.

profits are always equal to zero.

b.

firms should increase production.

c.

firms should decrease production.

d.

firms should shut down.

e.

firms are maximizing profits, so they should continue at that production level.

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