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Raises profit or lowers it?

Exercise and reference answers

Items
  1. Item
    MR above MC
    Category
    Profit rises
  2. Item
    Extra unit pays
    Category
    Profit rises
  3. Item
    Revenue beats cost
    Category
    Profit rises
  4. Item
    MR below MC
    Category
    Profit falls
  5. Item
    Extra unit costs
    Category
    Profit falls
  6. Item
    Cost beats revenue
    Category
    Profit falls
Categories
  1. Item
    Profit rises
  2. Item
    Profit falls
Instructions
Tap a situation, then tap what happens to profit.

Explanation

_Source: syllabus Introductory Microeconomics Ch4 Theory of the Firm, 4.3 PROFIT MAXIMISATION_
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