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22 votes
22 votes
If for a firm MRP > MFC, then the firm:______.

a. is maximizing profits and should continue producing its current output.
b. should produce less output by decreasing the quantity of factors employed.
c. should produce more output by increasing the quantity of factors employed.
d. is minimizing factor costs and therefore is maximizing profits.

User Dave De Jong
by
2.8k points

1 Answer

14 votes
14 votes

Answer:

b

Step-by-step explanation:

because this should be mfc and I see to book the mrp and I see the answer ty

hope it's helps make me brainless tyy

User Joban
by
3.1k points