A firm should continue to produce output, as long as?

Question

the expected marginal revenue exceeds the expected marginal cost.

competitors cannot copy a productive process.

a firm is the dominant producer in its market niche.

labor unions do not set maximum work weeks.

Answer 1

the expected marginal revenue exceeds the expected marginal cost.

You produce up to the point where mc=mr.  If the mr>mc, you produce more.  If mr<mc, you produce less.  Only at the point where mc=mr is profit maximized.