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:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q164: If the marginal cost curve is upward
Q167: Since they have already paid for their
Q198: You and a friend have each spent
Q200: Businesses employ resources to use in the
Q201: (Table: TC's Pizza Parlor) Look at the
Q202: If marginal costs of production are greater
Q205: As George eats pizza during one recent
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents