If Output Is Increased Beyond the Point Where Total Profit

question 144

Multiple Choice

If output is increased beyond the point where total profit is maximized,

• A)total profits stay constant.
• B)total profits will decline.
• C)marginal profit will be positive.
• D)MR will be increasing.

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Definitions:

Relatedness

The feeling or state of being connected to others, often considered a fundamental human need.

Grandfather

A parent of one's father or mother and a significant male elder in the family.

Cousin

A family member who shares one set of grandparents with you, either on your mother's or father's side.

Gonadotropin

A hormone that stimulates the activity of the gonads (ovaries and testes), influencing reproduction and the release of sex hormones.