If MC > MR

question 139

Multiple Choice

If MC > MR,

• A)output should be reduced.
• B)marginal profit is positive.
• C)there are losses.
• D)output should be increased.

Identify the appropriate graphical representation for different types of data.

Describe the properties and uses of stem-and-leaf plots.

Understand the concept and calculation of relative frequency.

Describe methods and considerations in constructing relative frequency histograms.