-The loss-maximizing firm will be earning total revenue of
A)OMHG.
B)OLJF.
C)OMQN.
D)EKHG.
E)OMIF.

Question

-The loss-maximizing firm will be earning total revenue of
A)OMHG. 
B)OLJF. 
C)OMQN. 
D)EKHG. 
E)OMIF.

Quizplus · Accepted Answer

The loss-maximizing firm will continue to operate as long as it can cover its variable costs, aiming to minimize losses by producing where marginal cost (MC) equals marginal revenue (MR). The total revenue in this scenario is represented by the area under the price level up to the quantity produced, which is OMQN.

-The Loss-Maximizing Firm Will Be Earning Total Revenue of