If marginal revenue is positive, this means selling one more unit of output will increase total revenue selling one more unit of output will increase profit selling one more unit of output will decrease total revenue selling one more unit of output will decrease profit

If marginal revenue is positive, this means selling one more unit of output will increase total revenue selling one more unit of output will increase profit selling one more unit of output will decrease total revenue selling one more unit of output will decrease profit

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter10: Prices, Output, And Strategy: Pure And Monopolistic Competition

Section: Chapter Questions

Problem 9E

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Question

If marginal revenue is positive, this means
selling one more unit of output will increase total revenue
selling one more unit of output will increase profit
selling one more unit of output will decrease total revenue
selling one more unit of output will decrease profit

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