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Only Undertaking an Activity When It Adds More to Revenue

Question 166

Multiple Choice

Only undertaking an activity when it adds more to revenue than to cost is the decision rule a profit-maximizing firm will use when deciding upon


A) the level of output to produce.
B) the amount of advertising to undertake.
C) the level of product quality (for example, how many years it is designed to last) .
D) all of the above.

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