Which of the following is NOT true about profit maximization for
a firm?

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Question: Which of the following is NOT true about profit maximization for a firm? A. Profit maximization o…
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A. Profit maximization occurs where marginal revenue equals
marginal cost.

B. Profit maximization occurs where the profit per unit of the
last unit produced is close to and just equal to zero.

C. Profit maximization occurs where the marginal revenue product
of an input equals the marginal cost of employing or using that
input.

D. Profit maximization occurs where output is restricted below
the point where the marginal social benefit of the last unit of
production is just equal to the marginal social cost of making that
unit.

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