An entrepreneur will continue to produce and sell units as long as the marginal revenue received from sales is _____________________ the marginal cost of producing those units.

Question

Quizplus · Accepted Answer

An entrepreneur will only continue to produce and sell units if the revenue received from selling those units is greater than the cost of producing them. This is because the goal of a business is to maximize profit, and producing units with a cost higher than the revenue received would result in a loss. Therefore, the correct choice is B, greater than.

An Entrepreneur Will Continue to Produce and Sell Units as Long