-Which of the following would decrease if this firm increased its output from 3 to 4 units?
A) Profit.
B) Total cost.
C) Total revenue.
D) All of the above.

Question

-Which of the following would decrease if this firm increased its output from 3 to 4 units?
A) Profit. 
B) Total cost. 
C) Total revenue. 
D) All of the above.

Quizplus · Accepted Answer

Increasing output from 3 to 4 units would likely increase total cost due to the production of an additional unit. Total revenue would also increase if the additional unit is sold. Therefore, profit could either increase or decrease depending on the cost of production and the selling price of the unit. However, without specific cost and revenue data, it's not possible to definitively say profit would decrease; it's merely a possibility among the given options.

-Which of the Following Would Decrease If This Firm Increased