Suppose a Firm Finds It Is Better Off Operating Than

question 163

Multiple Choice

Suppose a firm finds it is better off operating than shutting down in the short run.What is true at the quantity at which marginal cost equals marginal revenue?

• A)total cost equals total revenue
• B)average cost equals average revenue
• C)profit is maximized
• D)revenue is maximized
• E)cost is minimized

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