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When an increase in the quantity results in a reduction in profit marginal cost is greater than m...

When an increase in the quantity results in a reduction in profit marginal cost is greater than marginal revenue. True or False

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Answer #1

True

marginal proft is the additional profit derived from an additional unit of quantity

And marginal profit=marginal revenue - marginal cost

Thus When total profit decreases it means marginal profit is negative

thus MC>MR

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