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Which of the Following Would Not Cause an Increase in Potential

question 12

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Which of the following would not cause an increase in potential growth:


Definitions:

Profit

The financial gain obtained when the amount earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

TR

Total Revenue, which is the total income generated by a business from its sales of goods or services.

Long Run

A time period in economic theory during which all factors of production and costs are variable, allowing for full adjustment to changes.

MR

Marginal Revenue refers to the increase in revenue that results from the sale of one additional unit of output.

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