If the marginal profit is negative for the sale of a certain number of units of a product, is the company that is marketing the item losing money on the sale? Explain.
If the marginal profit is negative for the sale of a certain number of units, it is a.) _____________ (possible or not possible) to know whether the company is losing money on the total sale. However, it is b.) _____________ (possible or not possible) to say that the company is losing money on the sale of any more units sold at that point.