Multiple Choice
In order for a price taker to choose to produce a positive amount of output,it must be the case that total revenue
A) is greater than total cost.
B) is greater than fixed cost.
C) equals total cost.
D) is greater than or equal to variable cost.
E) minus total cost is greater than variable cost.
Correct Answer:
Verified
Related Questions
Q83: For a price taker,if the price of
Q84: Marginal cost is calculated as
A) total revenue
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