For a firm producing at any level of output greater than the most profitable one, a reduction in output decreases:
A.total cost more than total revenue.
B.total revenue more than total cost.
C.total revenue by the same amount as total cost.
D.total revenue but not total cost.

Question

Quizplus · Accepted Answer

The Answer of For a firm producing at any level of output greater than the most profitable one, a reduction in output decreases:
A.total cost more than total revenue.
B.total revenue more than total cost.
C.total revenue by the same amount as total cost.
D.total revenue but not total cost.

For a Firm Producing at Any Level of Output Greater