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CSS Solved Papers
Physics Chemistry

CSS :: Profit Maximization


  A firm's MR exceeds its MC, maximum profit rule requires that firm to:
[A]. Increase in output in both perfect and imperfect competition[B]. Increase in perfect competition but not necessarily in imperfect competition
[C]. Increase in output in imperfect but not necessarily in perfect competition[D]. Decrease in output in both perfect and imperfect competition

Answer: Option A


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