No, economic optimal use of resources is achieved when marginal cost is equal to marginal revenue. This is known as the profit-maximizing level of output. When marginal revenue is greater than marginal cost, it indicates that producing additional units of output would increase profitability, and thus it would be optimal to increase production. On the other hand, if marginal cost is greater than marginal revenue, it suggests that producing additional units would decrease profitability, and therefore it would be optimal to reduce production.
