Figure: The Marginal Decision Rule
(Figure: Marginal Decision Rule) Look at the figure The Marginal Decision Rule.To the left of point C :
A.economic profit is the vertical distance between curve B and MC.
B.the firm is not maximizing profits.
C.the firm is maximizing profits.
D.the firm should produce less.

Question

Figure: The Marginal Decision Rule
   (Figure: Marginal Decision Rule) Look at the figure The Marginal Decision Rule.To the left of point C : 
A.economic profit is the vertical distance between curve B and MC.
B.the firm is not maximizing profits.
C.the firm is maximizing profits.
D.the firm should produce less.

Quizplus · Accepted Answer

The Answer of Figure: The Marginal Decision Rule
   (Figure: Marginal Decision Rule) Look at the figure The Marginal Decision Rule.To the left of point C : 
A.economic profit is the vertical distance between curve B and MC.
B.the firm is not maximizing profits.
C.the firm is maximizing profits.
D.the firm should produce less.

Figure: the Marginal Decision Rule