Marcy owns a photography business in Mobile, Alabama. The market for photography is very competitive. At Marcy's current production level, her marginal cost is $15 and her marginal revenue is $12. In order to maximize profits, Marcy shoulda. increase production. b. decrease production. c. decrease the price. d. increase the price. e. keep production the same.
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Marcy owns a photography business in Mobile, Alabama. The market for photography is very competitive...
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