A profit-maximizing firm in the short run will expand output: / » Micro economics 2 solved MCQs / By admin Question: A profit-maximizing firm in the short run will expand output: A. until marginal cost begins to rise. B. until total revenue equals total cost. C. until marginal cost equals average variable cost. D. as long as marginal revenue is greater than marginal cost. Answer» d. as long as marginal revenue is greater than marginal cost. Note: The above multiple-choice question is for all general and Competitive Exams in India.
