A rational seller will sell another unit of output:
A)whenever the seller is earning a profit.
B)if the cost of making another unit is less than the revenue gained from selling another unit.
C)as long as the quantity demanded is greater than zero.
D)if the seller can charge more than the equilibrium price.

Question

Quizplus · Accepted Answer

If the cost of making another unit is less than the revenue gained from selling another unit, then selling an additional unit will increase the seller's profit.

A Rational Seller Will Sell Another Unit of Output