Question
Assume that a firm's marginal revenue just barely exceeds marginal cost. Under these conditions the firm should:
Question 6 options:
A) expand output.
B) contract output.
C) maintain output.
D) There is insufficient information to answer the question.
Question 6 options:
A) expand output.
B) contract output.
C) maintain output.
D) There is insufficient information to answer the question.
Answers
GPT 3.5
A) expand output.