Refer to the Graph Shown

question 74

Multiple Choice

Refer to the graph shown. If the firm increases output from 30 to 40, total revenue will increase:

• A)more than total cost, and so profit will increase.
• B)more than total cost, and so profit will decrease.
• C)less than total cost, and so profit will increase.
• D)less than total cost, and so profit will decrease.

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