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Exhibit 7-2  Total Revenue and Total Cost Graph at an Output

Question 119

Multiple Choice

Exhibit 7-2  Total revenue and total cost graph Exhibit 7-2  Total revenue and total cost graph   At an output of 250 units, as shown in Exhibit 7-2, marginal cost is: A)  greater than marginal revenue. B)  equal to marginal revenue. C)  less than marginal revenue. D)  none of the above. At an output of 250 units, as shown in Exhibit 7-2, marginal cost is:


A) greater than marginal revenue.
B) equal to marginal revenue.
C) less than marginal revenue.
D) none of the above.

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