Solved

Firms Will Continue to Produce If

Question 203

Essay

Firms will continue to produce if:
A.the marginal benefits of producing an additional unit are greater than the marginal costs of producing an additional unit.
B.the marginal benefits of producing an additional unit are less than the marginal costs of producing an additional unit.
C.the marginal benefit of producing an additional unit is equal to the marginal cost of producing an additional unit.
D.the costs of producing the unit stay constant.

Correct Answer:

verifed

Verified

the marginal benefits of produ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents