Rule for profit maximization

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The first-time sale of stocks and bonds directly to the public is called a(n): primary sale. new issue. follow-on offering. preliminary bid. fresh deal.

A rule for profit maximization is:

A. Increase output if marginal revenue is greater than marginal cost

B. Decrease output if marginal costs exceeds marginal revenue

C. That profit is maximized at MC=MR

D. All the above

Reference no: EM131378519

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